NAV/BTC Headed for a Bullish Turnaround
NAV/BTC is at an interesting point
Price seems to have found support at the 100 ema (gray) line and has started retracing back up.
Bullish signals (1D timeframe):
- Moving averages: if 10ema (purple line) doesnt crossover the 50 ema (gold) line but retraces back up, then its a bullish ride
- RSI: index is at 46 but is on the rise up, which shows increasing buying pressure.
- Volume: Bullish volume is on the increase
Price projection: Price can rebound to 0.00001576 (19.6% profits)
This is just a trading idea, its not a trade advice....
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Price seems to have found support at the 100 ema (gray) line and has started retracing back up.
Bullish signals (1D timeframe):
- Moving averages: if 10ema (purple line) doesnt crossover the 50 ema (gold) line but retraces back up, then its a bullish ride
- RSI: index is at 46 but is on the rise up, which shows increasing buying pressure.
- Volume: Bullish volume is on the increase
Price projection: Price can rebound to 0.00001576 (19.6% profits)
This is just a trading idea, its not a trade advice....
If you like my ideas, dont forget to like...
Follow me as well
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