Long
NAV/BTC Headed for a Bullish Turnaround
NAV/BTC is at an interesting point
Price seems to have found support at the 100 ema (gray) line and has started retracing back up.
Bullish signals (1D timeframe):
- Moving averages: if 10ema (purple line) doesnt crossover the 50 ema (gold) line but retraces back up, then its a bullish ride
- RSI: index is at 46 but is on the rise up, which shows increasing buying pressure.
- Volume: Bullish volume is on the increase
Price projection: Price can rebound to 0.00001576 (19.6% profits)
This is just a trading idea, its not a trade advice....
If you like my ideas, dont forget to like...
Follow me as well
Price seems to have found support at the 100 ema (gray) line and has started retracing back up.
Bullish signals (1D timeframe):
- Moving averages: if 10ema (purple line) doesnt crossover the 50 ema (gold) line but retraces back up, then its a bullish ride
- RSI: index is at 46 but is on the rise up, which shows increasing buying pressure.
- Volume: Bullish volume is on the increase
Price projection: Price can rebound to 0.00001576 (19.6% profits)
This is just a trading idea, its not a trade advice....
If you like my ideas, dont forget to like...
Follow me as well
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