Navcoin quick tradeNAV is about to hit its recent demand zone, we can see a sharp bounce on the DMI which indicates there is some strength at these levels
NAVBTC trade ideas
NAV Dancing on SupportLooks like NAV has reach support/bottom and may be gearing up for a upward move. It would seem that wave 5 of the downward trend has been completed.
ENTRY: <9900
STOP: 9000
TP1:1200
TP2:1300
TARGET: 1400
NAV Coin is ready for a breakoutThree indicators are confirming the potential breakout:
1. Bullish divergence on MACD.
2. Stock RSI is now heading up on 4H chart.
3. Volume spikes on price increasements.
We also have a falling wedge pattern formation which is a strong bullish signal.
[11/26/17] NAV-BTC | Bullish Pennant Forming | 27%+ Gains?? Looks like a bullish pennant is forming. Not sure if it has enough steam to break resistance, but if it does, I'm buying on the breakout.
How to Trade NAVNAV -3.52% is trading in this Ascending Channel which means you should sell at the red line and buy under the green line.
The marked zoned marks the buy/entry zone.
Could expect to test black line support. If falls below this support, I would hold out until it gains some footing.
Alternatively, you could enter a LONG position if it breaks the upper resistance (red) line with high volume to back it up. This would be a very bullish signal.
DISCLAIMER:
I'm relatively new at trading so take this advice at your own risk! Happy trading everyone :)
Last Call for NAVOkay, I've been posting a lot about NAV - but for a good reason, I promise!
I've just learned about Elliot Waves and I wanted to share this idea.
I think this is the correction wave but I'm not certain.
If anybody reading this knows their Elliot Waves, then I'd love some feedback as to whether this wave analysis is correct.
Feedback much appreciated!
End of the Rope for the BearsHello, I've posted a similar idea on another post.
Chart is still trading within the patterns discussed.
If all works out accordingly, should start see the patterns break within 2 weeks.
P.S.: Recommend checking out my analysis on NAVUSD 'End of the Rope for the Bears'
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
NAV Bullish PatternsNAVcoin is currently trading within both a bullish pennant AND falling wedge pattern.
YELLOW figure = bullish pennant
RED figure = falling wedge
I am watching for these patterns to break upward which will cause a large spike in price. Also, if it does break out - there is plenty of room to move on both the RSI indicator. The MACD lines are currently signalling a bull trend too.
I have entered into a position at 12500 satoshis and am looking to scale out my position at 17k and 20k satoshis.
I can see 3 bullish scenarios play out after pattern breaks upward.
Scenario 1: NAV goes straight to 20k
Scenario 2: NAV tests 17.5k resistance, rests at 15/16k, shoots to 20k
Scenario 3: NAV pulls back to the bottom of the patterns one last time, then shoots up directly to 20k
Stay tuned for an update when I see the patterns break!
TLDR; I am very bullish on NAV.
I am relatively new at trading. I have been watching the market since the beginning of this year and started learning Technical Analysis about 3 months ago. Please feel free to give me any feedback or criticism! I appreciate any and all comments :D
here's what will happen to NAVlooking back at 2016, we observe a similar pump pattern. The history tells us the pump is followed by slow price decrease back to baseline. From there, price can be seen increasing back again.
Price prediction:
2ND pump went up to 13K -> 2.618 FIB
3RD pump went up to 40K -> 3.618 FIB of the 2nd.
If new wave ever comes to NAV, it can be as high as 100K or 8-10 dollars. Thus, hold onto your bags tightly and follow NAV news closely.
Morning star formation on 30minSaw this morning star pattern on the 30min timeframe. I think downtrend on NAV is donezos. Good time to enter
DISCLAIMER:
I'm a noob so i welcome any comments/feedback/criticism. thanks for reading :D
NAV coin buy soon for short term profitNAV coin entering a very oversold zone with MFI and Stochastic RSI. The Squeeze indcator is below 0 and indicating serious squeezing. Wait for the MACD histogram to reach its peak and buy. Should be a quick and easy profit.
NAV - BTC Possible Bull Flag?Had a nice pull back from previous high at 41000 satoshis and looks to be forming a rough pennant / bull flag.
MACD also shows nice bullish crossover.
If recent events with bitcoin take a bearish trend as is expected, we could see NAV take a run on the previous highs.
One to watch.
NAVBTC Daily Chart - Downward trend breakoutSome say history repeats itself - NAV looks like its doing the same. Buying in pink box
NAVBTC - Watching for a BreakoutNAVBTC is showing some signs of bullishness as it looks to close this triangle that has been forming for some time.
It has strong supports around these levels (denoted by the red lines) which it has respected for some time.
The 1D MACD has crossed bullish and the WT Oscillator has picked up from the ground.
I'll be looking for an increase in volume and a bullish Stochastic RSI cross as the triangle comes close to closing.
Fibonacci levels drawn to show potential areas of resistance and targets.
A break downwards with the price violating both support lines would spell bad news.
$NAV #BTC What to do after uptrend? / 18 OctGreen zones are to buy and red zones are to sell. But please follow the order-books preciously because its too volatile now.
Buy partially
NAVBTC Bearish FlagA bearish flag is forming with a projection towards strong support. Support 1 and 2 are good areas for buy orders.
NAV Falling wedge NAV might have found support on trendline. Falling wedge tightening. Small bullish divergence on Stochi and RSI.
SL below trendline (~11k)
NAVBTC - Long Trade IdeaNAVBTC in accumulation phase. With XLMBTC making a move, let's see if the other altcoins follow suit. Looking good here for a move higher.
NAVBTC short term entry point for %10 to %20 profit in 24 hoursZoom in to see 11.2K is a good support sone to buy. If you miss 11.2K buy zone do not worry because you maybe can see price might lower to 10.5K IF BITCOIN RISES!Zoom in to see 11.2K is a good support sone to buy. If you miss 11.2K buy zone do not worry because you maybe can see price might lower to 10.5K IF BITCOIN RISES! Zoom in to see 11.2K is a good support sone to buy. If you miss 11.2K buy zone do not worry because you maybe can see price might lower to 10.5K IF BITCOIN RISES!
