NAV 1HR Symmetrical Triangle
Updated
Previously, caught NAV's meteoric price increase. Now, I'm back in NAV.
I admit that this purchase was a little pre-emptive since I've been trying to discipline myself to wait until entry signals flare; however, I am still very bullish on NAV.
I admit that this purchase was a little pre-emptive since I've been trying to discipline myself to wait until entry signals flare; however, I am still very bullish on NAV.
Note
Just as I posted this, NAV increase to 13k to test downtrend resistance line.Note
NAV has broken the triangle upwards with WEAK volume.This next candle will test the resistance from the previous lower high. I'm not optimistic on NAV breaking the 14k level with this level of volume. I believe that it will likely make a new lower high, relative to 14k then consolidate some more.
Note
NAV looks to be consolidating at the moment.Key resistance still apply.
Note
I have revised my chart. Now, it looks like NAV could be forming an ascending triangle.
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