Okay, 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!
Hello, 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...
NAVcoin 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...
looking 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...
Saw 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 on good support zone so 60% profit prediction with 20% stop loss.
NAV 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.
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.
Some say history repeats itself - NAV looks like its doing the same. Buying in pink box
NAVBTC 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...
Green zones are to buy and red zones are to sell. But please follow the order-books preciously because its too volatile now. Buy partially
Green zones are buy, red zones are sell.
A bearish flag is forming with a projection towards strong support. Support 1 and 2 are good areas for buy orders.
NAV might have found support on trendline. Falling wedge tightening. Small bullish divergence on Stochi and RSI. SL below trendline (~11k)
NAVBTC in accumulation phase. With XLMBTC making a move, let's see if the other altcoins follow suit. Looking good here for a move higher.
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! Zoom in to see 11.2K is a good support...
NAV will choose one of the two possibilities in chart, set your seat in one of them. I prefer to wait it to touch at main 10.3K support for aiming %20 profit target, if Bitcoin rises. If BTCUSD goes under $5500 then 11.7K is a good buy point for %10 profit. See time frames on chart.