* I love this kind of formation. This generally ends up with a great pump.
* Respecting the trendline.
* Bullish 50-100-200 EMA alignment.
* Bounced from 50 EMA and price is above 200 EMA.
* Bullish StochRSI Cross.
* Bullish MACD cross on 4HR.
* Pump groups love this coin .Pumped by pump groups more than 5 times in the past.
NavCoin (NAVBTC) is now strongly bullish as well... This chart is already moving and we don't trade at these levels.
For us, trading and reading charts are completely different.
When we trade, we look for support and resistance levels.
When we read charts, we simply share what we see is happening on the screen/translating the codes coming from the...
NAV is trying to conquer 700sts to increase strongly in this February to 1100sts or even 1600sts.
However, NAV pumps are usually flash pumps so we need to place sell orders immediately when buying to ensure we do not lose profits.
-Buy: 675-725sts if A SL if B
-Sell: 1100-1150sts. SL if A
-Sell: 1600-1700sts. SL if A
Condition A : "If 1D...
Nav trying to decide what to do now. Moment of decision. This coin has some solid fundamentals, good team that worked hard even in bear market. One of the old (2014) ones and true community coin. One of the rare coins I hodl.
Here is a setup in the making and when you consider it, it has a good case for a breakout because we have had a massive prior formation,
a pullback to a lower high than the previous base that spent some time.
How to trade this?
So look for the break, and potentially the confirmation.
All the best,
There is one more formation for you.
Symmetrical triangle on NAV/BTC crypto pair.
After a huge bearish impulse price entered into consolidation and made this formation.
It could be a good signal for bears.
However do not rush the trade and look for clear breakout.
According to Elliott Waves theory all the waves are done and now the price is...
One of my fav old coins (2014->). Coin with good fundamentals, and dev that are doing their job even while things are going south in bear market. Atomic swaps are big deal, even for Monero. XNAV got them already. revolutionary privacy protocol - blsCT (yeah they went their own way developing their own protocol). This is one of 3 projects I am in long term ($lto...
So... I am still very long on this one. Graph is somehow funny, it's seems there have been a lot of pnd's. but trend still shows upward potential. We could bounce from this price up or dive to the next support line. And we are gonna see more of this funny pumps.