[CLOSED] Stop-loss activated.

[24-June] Buy-in and profits potential updated.

NavCoin (NAV) Overview

NavCoin (NAV) is an open-source and decentralised Proof-of-Stake Version 3 (PoSv3) cryptocurrency that aims to provide affordable and fast digital payments with a focus on privacy and simplicity. Self-funded by a community of volunteers, NavCoin launched in April 2014 with no Initial Coin Offering (ICO) or pre-mine. Volunteers can propose contributions and get paid for work through NavCoin’s decentralised Community Fund (CF).

With the CF’s dual consensus mechanism, the funding of a passed proposal will be locked while waiting for its work to be completed and then paid out if the quorum is met. Examples of CF proposals include www.navexplorer.com, the NEXT wallet, the implementation of ZeroCT (a privacy protocol), and the time when NAV became a carbon-neutral cryptocurrency. NavCoin has also added support for OpenAlias (www.openalias.org), Cold Staking to the NavCoin protocol, and released NavPay, a light wallet to store and spend NAV from a mobile device.

NAV Coin (NAVBTC) Chart

We traded NAV Coin many times in the past successfully, generating us good profits. Now the price has fully retracted, so let’s see what the charts have to offer:

Source: https://www.tradingview.com/x/NPfUesk7/

• We can see a new all-time low on the 14th of May, like most Binance altcoins.
• At this point, we see a massive increase in volume and a chart setup that we’ve been seeing over and over before an altcoin pair starts to move up.
• The MACD is showing a 1.4 years long bullish divergence.
• The RSI has been printing bullish divergence since June 2018, almost an entire year now.
• The RSI also broke its downtrend is now trading above resistance.
• We believe that NAV Coin can move positively from here… If it goes south, we have a stop-loss in place to come back in after the correction and buy back lower, but this is just a fail-safe mechanism, we believe we are going up.
• Now… Let’s trade!

NAV Coin (NAVBTC) Trade

Buy-in: 0.0000200 – 0.0000220
(Updated 24-June)

Targets:

(1) 0.0000310 -Reached 13-June (+13%)
(2) 0.0000371
(3) 0.0000482
(4) 0.0000553
(5) 0.0000654

Longer-term
(1) 0.0000775
(2) 0.0000909
(3) 0.0001099
(4) 0.0001341
(5) 0.0001608
(6) 0.0001773
(7) 0.0002040
(8) 0.0002470
(9) 0.0002780
(10)0.0003170
(11)0.0003560

Profits potential: 211% – 1595%
(Buy-in calculated at 0.0000210)

Stop-loss: Close weekly below 0.0000190.

Capital allocation: <10%.

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.