Long idea
After a sub-wave 2 correction that hit the 0.786 (195 USD) we could have started sub-wave 3 of the 5th wave.
Target 1 - 425 USD
Target 2 - 565 USD
If this does play out their will be some very nice shorts to be had at both targets, especially target 2.
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Short idea
This bounce drops and sub-wave 2 could continue to retrace to nearly 100% of ...
Showing good buy support off the trendline after correction. Continuing next move upwards. Longer term signals looking nice for a long position as well after recent correction so good long entry for all time scales. EW ABC count seems to have completed.
NAVcoin long term uptrend looking still nicely in place in fitting with recent excellent development progress. NAVcoin floor looks to be in after a pullback from the recent rise. Expecting a bit of medium term consolidation to tighten the bands in a bit before moving up towards new all time high. EW analysis shows point 4 of current larger uptrend. Nice risk ...
