Long
NAV again .. last minutes of the bears?
Sorry to bother you again with the NAV :-)))
After producing bigger and longer chart for the NAV Coin .. delimiting falling wedge being somewhat broken, just to be replaced by its bigger cousin .. slightly extended falling wedge. I noted, that I still miss volume coming to the trade and sooner or later we may expect breakout (the bigger wedge tip meets at the mid March).
I tried to describe some price related and fundamental related factors influencing next action (I wonder, if I overlooked something there? Let me know)
(And I even did not even mention there, that from the biggest picture possible .. we may have absolutely splendid and huuge Cup and Handle (!) forming - that is, if this falling wedge will really produce nice shooting breakout)
Now I decided to have closer look on the development. Because even though the volume of the trade so far was weak, the development in detail seems to be confirming the bigger picture in some really interesting details.
Please comment .. and let's discuss how far up has NAV potential to grow.
Have a nice trading.
Yours Reo PetrReo
After producing bigger and longer chart for the NAV Coin .. delimiting falling wedge being somewhat broken, just to be replaced by its bigger cousin .. slightly extended falling wedge. I noted, that I still miss volume coming to the trade and sooner or later we may expect breakout (the bigger wedge tip meets at the mid March).
I tried to describe some price related and fundamental related factors influencing next action (I wonder, if I overlooked something there? Let me know)
(And I even did not even mention there, that from the biggest picture possible .. we may have absolutely splendid and huuge Cup and Handle (!) forming - that is, if this falling wedge will really produce nice shooting breakout)
Now I decided to have closer look on the development. Because even though the volume of the trade so far was weak, the development in detail seems to be confirming the bigger picture in some really interesting details.
Please comment .. and let's discuss how far up has NAV potential to grow.
Have a nice trading.
Yours Reo PetrReo
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