It has been a while since we shared a chart for NAV Coin (NAVBTC), the last time was back in Jan. 2018, but today we want to share a new update.
We are hoping that you enjoy it... Thanks a lot for your continued support.
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!
Thanks a lot for reading. All the details on the chart.
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