NAV
NAV Coin PredictionNAV coin recently rallied to a new ATH and has been consolidating for the last week. It has been bouncing off of progressively higher Fib levels with higher highs leading me to believe it will continue its uptrend when it reaches the inception point of this wedge. RSI is in the oversold region, and privacy coins have been experiencing a lot of positive movement recently, so I will be keeping an eye on NAV.
NAV Coin - When to Invest?Nav has still a long way to go, it has not reached it's full potential. Keep this for long term and keep updating yourself with the Nav team and the road map.
NAV The parabolic climb - Current Supports/Retrace TargetsNAV Had an insane 600% Rise in a short period of time, without any major retraces. I expect it to start settling down now and prepare for a possible retrace of 50% of last move. Would be looking at first bounce on the 1st support.
Nice NAVcoin Longterm EntryNAVcoin long term uptrend looking still nicely in place in fitting with recent excellent development progress. NAVcoin floor looks to be in after a pullback from the recent rise. Expecting a bit of medium term consolidation to tighten the bands in a bit before moving up towards new all time high. EW analysis shows point 4 of current larger uptrend. Nice risk reward for the trade based on trendlines.
NAV Ichi Test and RSI 30 - Rocket fuel loadingNAV is testing the Ichi cloud on 4 hour. Given that it had reacted to the 30 RSI mark historically, I'm liking the could to hold resistance.
I'm buying more at 16.5 sat. Looking to push close to ATH at 23k sat.
NAV - Bump & run formation Long from $30.56 to $43.87NAV looks very interesting in weekly frame, as it seems forming a bump & run formation. It also has big insider buying. We think it can run as high as $44 area.
* Trade Criteria *
Date First Found- June 6, 2017
Pattern/Why- Bump & run formation
Entry Target Criteria- Break of $30.56
Exit Target Criteria- $43.87
Stop Loss Criteria- $28.43
Please check back for Trade updates. (Note: Trade update is little delayed here.)