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NAV Coin ( NAVBTC ) Chart
We traded NAV Coin many times in the past successfully, generating us good profits. Now the price has fully retracted, so let’s see what the charts have to offer:
- We can see a new all-time low on the 14th of May, like most Binance altcoins.
- At this point, we see a massive increase in volume and a chart setup that we’ve been seeing over and over before an altcoin pair starts to move up.
- The MACD is showing a 1.4 years long bullish divergence .
- The RSI has been printing bullish divergence since June 2018, almost an entire year now.
- The RSI also broke its downtrend is now trading above resistance.
- We believe that NAV Coin can move positively from here… If it goes south, we have a stop-loss in place to come back in after the correction and buy back lower, but this is just a fail-safe mechanism, we believe we are going up.
- Now… Let’s trade!
(1) 0.0000310 -Next target.
(1) 0.0000310 -Reached 13-June (+13%)
(2) 0.0000371 -Next target.
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All the details on the chart.
This is not financial advice.