NavCoin Technical Analysis

This is a coin that I've yet to write about, as there are 1500+ cryptocurrencies out there. The coin is NavCoin is a privacy sector coin focused on undetectable transactions(tx's) and quick tx speed. 78M mcap, 62M supply.

Here's the website: https://navcoin.org/

Reddit: https://www.reddit.com/r/NavCoin/

Here's a chart, 12H TF on Binance

& 6H on Bittrex

Now here's where things get interesting for the bulls and the bears

BULLS are trying to say they just broke out of a massive 2 month falling wedge with a strong oversold RSI on high TF charts

BEARS are trying to say its just a part of a longer downtrend/ accumulation period..dead cat bounce

Check out previous fractals for the type of moves NAV makes.. as always DYOR(Do your own research)

I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.