💎Technical Analysis Summary💎
BINANCE: NAVBTC
-NavCoin breaking its weekly key level of support
-Though we still have 4 days left
-This candle is quite too Bearish
-This is a big warning sign if you have a long position
-Please consider reducing your exposure
-Or follow your stop loss plan
-The market for the Altcoins are not good this month
A big Thanks...
NAV/BTC
-NAV Coin broke the local resistance at around 1400 sat
-If a healthy pullback to flip old resistance to support
-That will give a strong bias of upside continuation will happen
-You may enter on a retest at 1400 sat range provided Bullish signs is present
-The upside target is up to 1800-2100 sat resistance zone
-Bearish side, candle close below 1400...
NAV/BTC
-bullish reaction on the 50 3D MA
-strong bounce also at 618 fib support
-there is a new upward trendline of support
-I expect the price to consolidate in the range of 1400s
-consolidation may take up to 30-40 days
-at the end of consolidation, we will have to reassess
-market bias is Bullish to slight bearish
#NAVBTC TA Update:1
#NAVBTC now surged because of MainNet News.
But i am accumulating Here.
Buy some at 1420 Satoshi
And wait for dip also.
Entry1:- 1350-1420 Satoshi
Entry2:- 1250-1350 Satoshi
Targets:- 3057/5408 Satoshi
Why i bought..?
Because very Long Accumulation in #NAVBTC so I bought and also MainNet News in this Month.
Guys Please LIKE and...
NAV/BTC
NAV bounces off key support twice and now trading above daily EMAs. If NAV can close the candle today bullish, it could potentially signal an uptrend movement
as the bullish quickly bought the deep during its deep pullbacks. Target to the upside is up to 1600 - 1800 regions.
