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NAVBTC

NAVBTC - NAVCOIN LONG 30-45 DAY PLAYNavcoin has demonstrated a triangle pattern with a greater continuity of 50/200 MVA Cross. Navcoin recently pierced the bottom of the triangle but quickly receded back into the formation demonstrating the support at that level. I believe that was the bottom. Short term is likely to see some consolidation over the next week or two, possibly a few runs like in the past but ultimately the 50 MVA needs to drop considerably in order to match the pattern from the past 3 50/200 MVA Crosses. I consider this a safe bet for the next few weeks unlikely to move the meter too much. However, the hard break up with the 50/200 MVA Cross should be within the next 30 days and should yield 200 to 250% profit. Then it will be interesting to see if it can pierce the top of the Triangle pattern . If it pierces the top, then the estimated profit is an additional 300% matching a gain the size of the triangle. SO in the end, potential profit range of 200-550% profit. Not to mention the MACD (Not Shown) and the RSI are both way off the charts. This coin is prime for a nice long run and hopefully a new All Time High. To reduce risk, I would set my stop loss close to the bottom of the triangle pattern . For educational purposes only. Good Luck.
by bonesca
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
NLong
by petrreo
NavCoin - Isn't there everyone waiting for ... something? Hi all dear people. Last time I posted my chart about NavCoin, it was my first chart about NAV.. and I knew I cannot expect much from a newbie, like a myself :-D ... So I must admit, It didn't do that well. .. Hmm, on the other look, it didn't do that bad either :-), I just to have to learn on few more points. So what happened? And what's going on now? Let's have a look: Previously I posted descending wedge - now in green and I was wondering if it will lead to any action ... well as it was a wedge I did guess, that price would spring up for this coming spring. Weell .. kind of. Pretty lazy price. When it left the wedge, it actually made few strides in the direction, it was supposed to, good kid ... however .. well lazy one - no volume behind it. Do you see it? There was no buying volume ... Yet there is NO selling volume either... and already for a while. So the price made a move and stiffed on the boundary of a new trendline above .. and came back. (after I finished writing this it repeated the trick! heck! 2 attempts now) And so we have apparently new descending wedge - slightly bigger... loonger takes another 14 Days to squeeze the price to it's tip. It has three pivots and it is touching on the whigs - the maxima of the price this time. No volume. No new buyers. No one interested. And those holding coins don't let themselves be shaken of their beloved coins. They have their reason to trust in the coin, right? So no sellers. ... wedges, triangles and pennants are normally producing hesitation in its end .. on what direction might the price swing at the tip? However this time it should not be that difficult to predict it. Both from the price action and fundamentals. ... (just the magnitude ... will it be noteworthy?) Although the magnitude of the swing will depend on the volume of the trade, I see the swing to happen. In about 10 days (half of March) And that I think to be overwhelmingly in the upside. Price action: 1) RSI is really just just arriving at the oversold position for 1 Day chart (deep purple in this chart) 2) Well it is actually descending wedge (if not pennant) 3) The previous price action was to the upside ... it changed direction merely because the weakening Bitcoin started to suck all the blood from all the altcoins. So the previous action was up ... than it started to create wedge .. and we have maybe even pennant. If that would be the case we might look for the flagpole (trying to have one in orange) Fundamentals: 1) Underlying action of Bitcoin. Bitcoin finally pierced through it's descending channel boundary, bullish sentiment arrived for the spring ... and Bitcoin holders are going to come home to buy back their abandoned positions. (to get there first, to get them first for a cheep price). Revival of altcoins will start slowly ... It may take yet few days before BTC solidify itself enough (or fail) 2) Fundamentals of NAVCoin did not deteriorated (remember the advice/storry of W Buffet and Coca-cola?). It was growing before as a cheap, undervalued and fast, privacy coin of the Bitcoin family, with PoS (!) consensus - with a side chain. On the contrary .. new roadmap have brought unexpected news - the VALENCE! 3) VALENCE. Roadmap did bring many other things. Reviews I have read were very pleasant in general. However I was most intrigued by the main news in there - VALENCE.The sidechain's architecture is being tweaked and forged into a PLATFORM! That being said. Alongside the Obsidian (ODN - on Cryptopia), which is privacy Stratis fork, NaveCoin is the only platform focused on PRIVACY. However NaveCoin is much bigger brand than ODN (having nice growth itself) already before it became platform. And now it's roadmap for VALENCE is pretty detailed and ambitious. Soo .. one think I will not try to answer, please help and share your ideas! How far up will the price go? Will there be enough volume to skyrocket it? Will it wane? Your curious colleage Reo
NLong
by petrreo
secondary nav idea for ascending triangleIn my previous post i describe a short term ascending triangle. However the formation takes into account a big low created by a whale selling instantly at market price. This can be considered as an outlier and shows a more definite triangle with a slightly larger time frame. I Believe this will be the correct formation meaning the timeline for breakthrough will be increased slightly. As usual break below would be a good short opportunity but this is a bullish signal
NLong
by MysteriousPersian
NavCoin VS Bitcoin Expected to Move HigherNavCoin found the bottom at 15k satoshi and immediately went up breaking above the descending channel. After short consolidation NAV/BTC continued to move higher and broke above the 200 Moving Average. Higher highs and higher lows are being printed while the uptrend could have been established. Currently, NavCoin retraced back to the support area between 20 and 21k satoshi. This could be the starting point for the uptrend continuation sending the price up to the 427.2% Fibs retracement applied to the corrective wave down after the descending channel breakout. At the same time, 23k resistance level should be watched as the price could continue to consolidate below this level. On a downside, if the 20k satoshi support is broken, the price could move back to the 17k satoshi support and only then resume the uptrend. But break and close below 17k satoshi support should invalidate bullish outlook.
NLong
by CryptoPAMM
1
Forming a Symmetrical triangle??? BIG potential in 2018...NAV is another one of those lowkey privacy coins. With a rather low market cap of 62.4Million, potential for this coin is ridiculous for 2018. Privacy coins rose over 1000% last year with some like PIVX making over 216,000% gains. So with that being said, ACCUMULATE NAV while it is still under $5. Currently NAV looks to be forming a symmetrical triangle on the daily chart. Accumulate under 0.0002. If breakout happens look to sell around 0.000637 & 0.001028 for 3x-5x gains. Again we are still a couple of months away from potential breakout of the triangle. I will update as time passes. Remember this is just a thought, so DO YOUR OWN RESEARCH. Cheers.
by YuriyShepta
NAV-BTC short-mid term (looking into future)NAV coin (Coin in the shadows>) -Private coin (Check) -Release of platform (Valence) that will allow to build applications on blockchain (Check): more info @https://medium.com/nav-coin/welcome-to-valence-fc0d738f933f Upcoming projects for NAV: Lightning network, NavChange- application powered by Valance facilitating instant exchanges between NAV and other currencies, NavDelta - Payment gateway for NAV supporting any currency by NavDelta, Cold staking coming, NavcCOin5.0 'Kauri' - NavCoin Core wallet rebuild as electron wallet, NavTech2.0 'Rimu' - Makinging private system completelly trustless and distributed. In progress for NAV-one of the main: NavMorph, NavPi 2.0 Kowhai @ 35%, Website refresh @ 20%, Valance upcoming projects: nodes, encrypted communication, app store & console, White paper to be listed soon For more check roadmpa @: navcoin.org TA: Hope for NAV coin to stay inside the channel for a while: If we could have a healthy pull back after yesterdays spike in next few days and another bounce from around 0.00019478 we would establish higher low hopping for to have another run for higher high having potential trend reversal. Previous bull run to complete the handle lasted 36 days which gives as a room to reach the 127.20% fib level- almost to the high established on 1.9.2017. CCI: Just turned positive indicating potential trend reversal MACD: crossed for first time bellow 0 after 38 days and is moving upwards. Big resistance zone coming up for NAV to push through so expect some bouncing (Red zone). If we het through, we might be looking for a support at 61.80% fib level like in ETC case in past few days. Stoch RSI: Approaching oversold levels so unless there is a boost today, we might see pull back to make higher low or drop out of the channel Worst case scenario we could drop down to verify lower part of the historical channel (green box). To sum up If the team starts to deliver on regular basis and fulfilling the timeline we could see NAV hit somewhere between 161.80 Fib level on pull back and 261.80% by mid May. will follow NAV regularlly!
Long
by AnimusTheGreat
NAVBTC Broke down Fib 1.618 retracementNAV is still moving in the descending channel and broke it down below the Fib 1.618 level we expect further price decrease in the short run. Ichi cloud also indicates a bad scenario. Although with a price decrease we can see volume growth this means that market players are interested in this coin and grab them while they are at dip for a long term trades. If you opened position with NAV move out of it and wait till the price meets the next major support level, then buy it again.
Short
by Skyrexio