Long

$NAV/BTC 1D (Binance Spot) Falling wedge breakout & retest

Updated
Navcoin has broke out bullish few days ago, it is now pulling back and retesting the wedge, time to go for a swing!

Current Price= 0.00000969
Buy Entry= 0.00000975 - 0.00000915
Take Profit= 0.00001247 | 0.00001598 | 0.00001853
Stop Loss= 0.00000743

Risk/Reward= 1:1.5 | 1:3.23 | 1:4.5
Expected Profit= +31.96% | +69.10% | +96.08%
Possible Loss= -21.38%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Trade active
First entry filled

Navcoin instantly bounced +17.05%, perfect dip catch so far, let's keep up! 🤞🏼

snapshot
Trade active
Second entry filled

Navcoin went for full retest of the wedge then pumped +29.63% from average entry almost hitting first target.
Now it pulled back again, seems to be a great time to load some more before next possible leg-up!

snapshot
binancebullishbreakoutFibonaccigemMoving AveragesNAVNAVBTCnavcoinspotWedge

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