Get started

NAVBTC

NAVCoin VS Bitcoin Range BreakoutNAVCoin found the bottom at 11k satoshis after which range trading begun. NAV/BTC was moving between 11k support and 14.5k resistance for over a month. But on the 18th of April it finally broke above the range suggesting the beginning of an uptrend. Just recently price rejected the uptrend trendline and currently finding the support at the previous level of resistance. The uptrend probability becomes high and price could jump as high as 28.5k satoshis, confirmed by two Fibonacci retracement levels. On a downside, break and close below the 10k satoshis psycological support should invalidate bullish outlook and potential result in a downtrend continuation.
Long
by CryptoPAMM
2
Caution 100% Profits Ahead! Binance & BittrexNav, one of my favourite coins as it always shows strong moves; its the coin you wake up to with a green 100% symbol beside it. You will see now we have just moved into consolidation and expect another move in a short period, this is a great coin to be holding. RSI has moved into an overbought region which is always expected when rallying and it just shows the momentum is very strong to continue. Please look at this coin on the daily and weekly chart and you will see on the indicators how much room this coin has left to rise. The next leg may be up to 24 hours away but with the volume rising so strong we can expect it to be a good move and one we don't want to miss out on. I will be holding this coin personally to collect my 100% ROI. Targets are green lines stop loss is black line. You will notice the stop isn't as tight as usual this is allow movement of BTC. I am personally using a trading view price alarm rather then a stop loss due to the chart showing a strong move is coming and I do not want to be stopped out if we have a very short dip due to the BTC. Market cap of crypto is up again today though so signals tell us this trade will hold strong through its consolidation. Cash is King! Enjoy the money you make from this trade as I certainly will. *PS I will update this trade at start of next leg if your not comfortable buying into its consolidation. When the 20EMA gets closer to the price is when we will officially see the next move up.
NLong
by Cash-is-King
20
Follow Up 9 Days later on NAVBTC - Long CallAs expected NAVBTC has been consolidating underneath the 50, 100 and 200 EMA. We saw the 50 v 200 cross as expected following the long pattern established over the last year. The only problem now is BTCUSD is dragging down the entire market and taking NAVBTC with it. However, NAVBTC has stayed within the symmetrical triangle so my call still stands. Within the next week or so I expect NAVBTC to climb to first meet the 50 EMA and then eventually all the way to the top of the triangle resulting in a 2.5x profit and the potential for a breakout from the triangle resulting in an additional 3x gain (the same size as the height of the triangle). Not noted on my last post, the 100 v 200 EMA have never completely crossed in the past. I think this is something to take into account here for determining when this turn and run to the top of the triangle will occur. In the past they have gotten very close and even overlapped but they have never crossed. If they do cross, then that could be a sign of breaking from the trend. I think this will only occur if BTCUSD continues to dump well past $7,200. To protect against that I have set a stop loss just below the bottom of my triangle. Good luck everyone!
by bonesca