NGCBTC trade ideas
Naga (NGC) Conquers EMA300, 140% Now Possible!Notice the gray line on the chart... This line stands for EMA300.
NGCBTC produced really strong growth once it moved above this level on 9-Oct.
Now that NGCBTC is trading above EMA300, the doors are open for strong growth.
We can see strong bullish action with any trading above EMA300.
We are also bullish above MA200.
If prices break and close below the MA200 black line, our bullish bias is lost and a new analysis is needed.
Remember to build a plan before you trade.
This is not financial advice.
Namaste.
CONSOLIDATING NAGANaga price is on a constant price range spree, as the price doesn't seem to achieve any trend direction from the near term price movements. Stochastic RSI confirms this as it is converging at the centre around the neutral level, 50. Currently no trade signal setup is recommended on Naga. Traders should wait on this until further clear entries are observed. Price is testing the upper band on the bollinger bands, and this could be a possible sign on an uptrend break.
NAGABTC
NGCBTC