NAV has a good pump today, shows us strong buying force that attract much attention from traders.
I think it can have another pump after more capital to flow in. MACD bullish crossover strengthen my thought.
Targets and stop-loss as shown in chart.
$NAV Showed some volume signals over the last days but could't break over descending trendline...
Currently trying to flip R/S at -.236 fib level (2800sats)..
For now just stay alert how this evolves into next days (breaking over trendline, reaching new targets etc)
In my experience, charts have a strong attraction to moving towards multiple pattern convergence areas. Why? Because they're zones where a lot of emotion is triggered, aka lots of people will be involved. Market makers need to get you involved. That's why things drop just below your favorite area of the chart, get you emotionally triggered, and _then_ reverse. ...
NAVBTC has had a strong rebound off the bottom of its trend channel. We see the opportunity for a very good Risk/Reward ratio by entering with a tight stoploss.
Target 1: 0.0000458
Target 2: 0.0000477
Target 3: 0.0000535
Target 4: 0.0000642
NAV has a strong upward trend and we see that it's ready for the fifth wave. The value is above EMA14, EMA50 and EMA100. I believe that we will see higher prices in a few weeks.
Buy: Up to 530
Stop Loss: Close daily candle below 418
Breaking above EMA100 w succesful retest
Tested EMA200, only breaking above can be consider real breakout.
Volume almost vanished after breakout (warning)
RSI bearish div & falling
Wait for Volume & breakout confirmation
NAV showing good support at the bottom of the long term trendline. Stoch RSI clearly indicating a buy. Risk reward too good to miss out on. This is a long term trade with great return potential. Closer in NAV shows a solid floor and eagerness to breakout.
NAV has just become the first cryto currency to be officially declared carbon neutral which seems very...
We will soon see the completion of a moving pattern
All modes are displayed in the template
resistance and support lines
The first and second step companies will start the next process
Also, the price may stop or return at these two points
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$NAV finds itself in the accumulation phase.
On weekly chart RSI is showing bullish divergence.
Price is stuck in green box area which is historically has been a buy time.
There is a chance that price can go to the second green box area however it's unlikely.
Buy - green. Sell - red.
It's not a financial advice.
Trade carefully and good luck!