NAVcoin revisited
I have noticed recent talk about #NAV coin price/volume spike so I looked up a previous posting. Changes made were more precise location of the fractals which revealed a descending wedge. The major support line is either momentarily touched by a candle wick or a low volume candle. Continue to monitor any possible volume increase from there ad use MACD, Stock RSI and RSI all on standard settings.
Turn candlestick chart to 'line' mode to plot more accurately support and resistance first starting with weekly or daily timeframe then move to smaller times for more accurate entry. Pivots are also useful which coincide with low volume as the pivots level out in a squeeze zone. Time your entry, to maximize coin gain use support and resistance previously drawn in 'line' view.
As I am new to publishing I am keen to watch it play out. Any comments/criticism welcome
Turn candlestick chart to 'line' mode to plot more accurately support and resistance first starting with weekly or daily timeframe then move to smaller times for more accurate entry. Pivots are also useful which coincide with low volume as the pivots level out in a squeeze zone. Time your entry, to maximize coin gain use support and resistance previously drawn in 'line' view.
As I am new to publishing I am keen to watch it play out. Any comments/criticism welcome
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