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
Our last NAVBTC trade hit our target perfectly, you can see it here:
Now, NAVBTC is already moving with good momentum and will generate additional gains.
I've marked two targets for you on the main chart, as well as the main support for NAVBTC.
NAV Coin Chart Signals
We have the...