Hi friends, hope you are well and welcome to the new trade setup of Navcoin ( NAV ) with Bitcoin pair.
On a 2-hr time frame, NAV has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
NAV just responded upwards. A 200% increase since may it is a significant move. NAV seriously bit.
I've been already at this level and I will take it again. I foresee a timeframe like the one encircled in the graph.
And that could bring some profitable trades.
That's nice from a coin on 950th place in crypto.
Kind regards 🏻
After an effervescent March for Navcoin (NAVBTC) when it showed a bullish signs aside quite high volume, the bulls are fighting for their upward way.
The price is still in the effect of 1D MA50 but a 30% gain from here it should be an quite easy objective.
And it could mark at least for a medium term reversal (potential gains up to 70%)
price break the Neckline of the head and shoulder's possible swing trade here incase another swing low because of bitcoin movement
adding two buy orders
entry 1 : 700 - 720 sats
entry 2 : 600 - 620 sats
Stop : 530
Target : 800 , 950 , 1150 ,1300
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 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
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...
$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!