At Coin Inquire, we offer free Trade Signals & Analysis of NAV Coin (NAV) and other cryptocurrencies. Today Aug 2nd, 2019, we are beginning a new series of free Signals & Analysis for top cryptocurrencies including NAV Coin (NAV).
On the main chart above, you can find long-term targets for NAVBTC, as well as our stop-loss and potential profits.
Once the downtrend channel is broken, you can expect NAV Coin to fly!
Let’s get to our trade…
ENTRY: 0.0000120 – 0.0000140
PROFITS POTENTIAL: 396%
(Buy calculated at 0.0000137)
STOP: Close weekly below 0.0000100.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.