NavCoin (NAV) Long Trade (333%+ Earnings Potential)

NavCoin (NAV) is showing many signals of a revival, pretty easy trade. Still needs to break a major down trend but has plenty of room available for growth and profits can be easily gained even without breaking that trend line. If the trend line is broken, we can aim for huge profits.

Looking at Bitcoin's wake up, and its desire to go bullish, NavCoin can be a great choice if the market moves the right way. Let's start by looking at the chart on Binance and let's continue by joining this trade.

NavCoin (NAVBTC) Trade by Alan Masters

CHARTS, SIGNALS & INDICATORS

Most altcoins hit their first bottom on the 18th March, from which point they bounced and went on a nice run. After this run, another huge correction came. Many altcoins bounced from the same 18th March bottom, or near to that price level, while others remained strong and others went down further. NavCoin is one of those that went down further, shedding an additional 40% of its value.

From this low, NAV had a strong bounce, confirmed breakout and many bullish signals are developing on the daily chart. Let's take a look at those:

- The bullish divergence on the MACD is marked by a purple arrow.
- The MACD is on the bearish zone but trending up with a bullish crossover happening just now.
- After bouncing from the low point of 602 satoshis, we have a strong green candle followed by another green candle. We need to break the red dotted trend line at around 900+ satoshis before we can aim for huge profits, but getting there will give us a nice 20-25% profits. So we can easily trade this coin even if we remain below resistance yet, this trend line will be broken as soon as the market wakes up. This is a long term trade.
- The RSI remained oversold for weeks, now it is trending up and showing plenty of room left available for growth.
- The STOCH is trending up. The TD Sequential gave a buy signal and the last two days are showing good trading volume.
- Let's continue...

TRADE INSTRUCTIONS

Buy in: 0.0000640 - 0.0000800

NavCoin Targets by Alan Masters:

(1) 0.0000900
(2) 0.0001020
(3) 0.0001200
(4) 0.0001420
(7) 0.0001720
(8) 0.0002120
(9) 0.0002520
(10)0.0003120
(11)0.0005000 (All time high)

Next support: 0.0000580

Capital allocation: 5%.

Time: Up to 8 weeks.

Trade strategy: Aim for profits. Feel free to secure all profits (sell everything) if the red dotted trend line is not broken and we go down.


THE FEELING OF WEALTH

What does wealth looks like?

Is wealth related to money?

How can I achieve wealth or do I already have it?

The feeling of wealth...

Wealth is within, to have it, it must be brought out.

Wealth cannot be bought, wealth has to be called out.

Wealth is not money, but money can assist.

Wealth... You already have it, you have to practice if in it you want to live.

If I already have it, then have can it be achieved?

Wealth is the feeling of knowing, that you are here in this world for a purpose and that no matter what happens or how long it takes, you will always succeed.

Namaste.
P.S. 333 Is The Number of Jesus :D

Comentarios:

We easily hit our first target for ~20% profits.

NavCoin Targets by Alan Masters:

(1) 0.0000900 * Target reached 2-July *
(2) 0.0001020 * Next target *
(3) 0.0001200
(4) 0.0001420
(7) 0.0001720
(8) 0.0002120
(9) 0.0002520
(10)0.0003120
(11)0.0005000 (All time high)

That's what I call fast and easy money.

Thanks for the support.

Comentarios:

We are now back within buy in range. Feel free to rebuy and reload.

Comentarios:

Looks like the retrace is complete now and we are getting ready to keep on moving forward:

Comentarios:

NAVBTC on the move. Gained all loss back in a flash!

PATIENCE IS KEY!

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The weekly chart with updated targets: