NAUT is a speculative coin, halted since one of its dev passed away (RIP)
The coin tendency will be probably defined in a few hours
The 3 triangles patterns will propose a new tendency, which can be for long if it goes over the 0.618 Fib
Entry : 157
TP 1 : 164
TP2 : 171
TP 3 : 180
SL : 146
This is not a trading advice, just a point of view :)
A like & follow is always appreciated if this idea assists you. :)
With NAUT showing some life recently, it's time to consider a deeper long possibility. It has recently wicked through it's local trend and should proceed through the macro line soon.
LOOK FOR:
A cross of the moderate time frame pink trend line should lead to some fairly profitable targets.
RSI...
Time to jump on board the money train with Nauti!! Short term uptrend meets long term resistance...
ALL ABOARD!!! The chart should take a few days to come together - but its pretty straight forward. Wave number three in T-minus 2 days.
Stay Cryptic Y'all.
NAUT is currently forming a cup and handle formation.
A couple red triangles have formed within the handle. We are currently testing support at the lower red line of the handle.
Line 3 is our next support zone if we fall through the red lines. Watch RSI to see if we can climb back above the lower trendlines.
Stochastics could embed and drop under 20. If so,...
It is update for the previous idea regards this pair. I was expecting that the pair will do strong move up so that's why I set tight SL. Pair is trading below solid support/resistance area. I would re-enter at the market with new SL an TP. Cup and candle formation is used to determine the best place to set SL. This pair is very bullish in my opinion. It would be...
There was strong movement at the end of January. Fibonacci retracement was reached at 14.60% which is actually important level. Pair created triple bottom and then moved up again.
GAP created on October 2016 stopped all gains twice (purple ticks) which is telling us that market recognized this level as the strong support/resistance area. Recently pair managed to...
Bull and bear div. Prices so far always dropped after get into cloud. Choice is yours, but I myself is accumulating, although there's still chance for the price to go below 3k again.
RSI daily chart is getting into the surface, as the price keeps plunging for months.
Fundamentally, we need an update from the dev. Total absence for months.
