-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...
As I have drawn all the important support and resistance key levels, the trend from here is looking bullish but only in following case:
- The candle which I have circled has opened above the monthly level at 1346 sats. The candle has also wicked below this level and it was rejected, indicates that this level is a support.
Now this candle has to break the upper...
-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
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.
NAV-Coin is doing a perfect Triangle pattern. We are seeing higher lows and lower highs and a possible breakout could happen soon.
It has a strong support around 100sats, which was tested the last days but bounced immediately.
If some Volume is catching up we can see a triangle breakout soon.
Buy around: 100-110sats
Another GEM Coin which can easily pump as Bitcoin stables. Within 5 days this coin gave a staggering 58% profit.
Formation of ascending triangle expecting this to breakout successfully
Targets- 149 Sats-163 Sats
Stop loss - below 100 Sats
The NAVBTC is moving within a falling wedge and now at this point the volume profile is showing very low interest of traders moreover the stochastic is also in oversold zone.
A strong bullish divergence is expected from here insha Allah.
The targets are:
Buy between: 0.00003400 to 0.00002005
Sell between: 0.00004253 to 0.00006631
Atif Akbar (moon333)
NAVBTC is about to break out the bull flag pattern, after breaking Fib 50% there is more room for it to go up higher.
Ideal buy zone is 270 - 280 sat area, with a stop-loss below 245 sat.
Details of this coin are as shown in chart.
Buy Price: Green Zone
SL: Red Zones
Profit: Blue zones
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 25 Percent
Looking at the chart of NAV , we could see all indicators pointing to buy it and we have a hard fork on this coin on 21th DECEMBER !
Also , BTC is bullish for some days, lets take this advantage too.
See me previous analysis and how...