NAV Coin - Oversold Bounce?

in navcoin •  7 years ago 

Was looking at charts, NAV Coin Chart looks prime for an oversold bounce trade.

A 20%+ gain would be very easy when it bounces back up to 80 cents.

For me, these trades are not so much based on technicals, just a visual recognition of how far something drops before it is likely to have a rally.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

10/9/2017 - Oversold bounce occurred, I would not enter the trade at this point now that the bounce happened.

Looks like we're having a 2nd bounce right now. I'm selling the trade into the 2nd bounce ( I missed the first bounce.) Very nice, I made about 1k in a day working with just 1.5 BTC in the trade.

Right on. Great timing once again :)

I came across a new public company called HIVE, separate from but co-founded by Genesis Mining.

I'll leave links below so you can read up on it yourself:

https://www.hiveblockchain.com (Trading on TSX: HIVE.V)
https://www.hiveblockchain.com/faq/#who-is-genesis-mining-and-what-is-their-relationship-to-hive

Could make for a worthwhile investment.

Cheers,
Dan

Nice tip for everyone of us here make some money. Thanks for sharing. Upvoted!

Thanks for this :D time to hodl some

blazing, this morning at 9 AM it already touched 90 cents and pulled back. Always check a chart before executing to see if my info is too late or expired. I was not able to sell because I was in class, but I am anticipating it goes up on a 2nd bounce, perhaps not as high as the 90 cents it touched this morning.

That's why i always set alert first :) before hoping to buy some

I keep looking at it too I like nav cause I can just exchange it in a coinomi wallet

NAV to me is very promising coin but at the same time also seems to be a target of P/D groups. That kind of spikes dont come because of good or bad news or technology. I hope it will find some stability in growth in the future.

Good analysis and great share on steemit. I really enjoyed this one.

Great analyst thank you for sharing