Navcoin is in long term uptrend since early March 2017.
Gann Fan 1
Gann Fan line 2/1 - is an important support. Everytime price bounces of the Gann line 2/1
Gann Fan line 1/2 - is an important resistance . Price has failed to break it so far.
Gann Fan 2
Price broke the 1/8 line recovering from the dip and got rejected by 1/4 line
I expect price to break 1/4 when it recovers from the dip and goes back again in the near future.
Fibonacci levels
So far 0.5 is acting as a strong support level. If price breaks this 0.618 should be the next support level.
All the small purple rectangles are important support levels for the price to bounce off.
All the green arrows are good places for buying indicating possible bottoms
Ichimoku TA
Price is facing some resistance currently in the cloud, still not bearish .
Also Price is still above EMA 100. bounced off perfectly on the previous dip
Fundamental Analysis
3 important projects in roadmap are nearing completion.
So expecting price to move in nice uptrend in coming future.
1. NAVTech ADapps Feasibility @ 75%
We are looking into the possibility of upgrading Nav Coin and the Subchain to implement smart contracts. The idea being this will enable people to build Anonymous Decentralized Apps (ADapps) on top of our existing dual blockchain system. This milestone for the feasibility phase of the project where we research Dapp platforms and frame up what ours will look like.
Connector.
2. NavTech v1.2 @ 80%
NavTech 1.2 will address the metadata inference of NavTech transactions when the system is running at low volume. We will be implementing multiple output addresses, variable fees, time delays and dummy transactions.
3. Pre Built NavPi's @ 99%
We are working towards sourcing and supplying NAV branded NavPi units on the Nav Coin Store. These will ship with the image pre-loaded onto the memory card so all you will need to do is plug them in and send the coins.
Gann Fan 1
Gann Fan line 2/1 - is an important support. Everytime price bounces of the Gann line 2/1
Gann Fan line 1/2 - is an important resistance . Price has failed to break it so far.
Gann Fan 2
Price broke the 1/8 line recovering from the dip and got rejected by 1/4 line
I expect price to break 1/4 when it recovers from the dip and goes back again in the near future.
Fibonacci levels
So far 0.5 is acting as a strong support level. If price breaks this 0.618 should be the next support level.
All the small purple rectangles are important support levels for the price to bounce off.
All the green arrows are good places for buying indicating possible bottoms
Ichimoku TA
Price is facing some resistance currently in the cloud, still not bearish .
Also Price is still above EMA 100. bounced off perfectly on the previous dip
Fundamental Analysis
3 important projects in roadmap are nearing completion.
So expecting price to move in nice uptrend in coming future.
1. NAVTech ADapps Feasibility @ 75%
We are looking into the possibility of upgrading Nav Coin and the Subchain to implement smart contracts. The idea being this will enable people to build Anonymous Decentralized Apps (ADapps) on top of our existing dual blockchain system. This milestone for the feasibility phase of the project where we research Dapp platforms and frame up what ours will look like.
Connector.
2. NavTech v1.2 @ 80%
NavTech 1.2 will address the metadata inference of NavTech transactions when the system is running at low volume. We will be implementing multiple output addresses, variable fees, time delays and dummy transactions.
3. Pre Built NavPi's @ 99%
We are working towards sourcing and supplying NAV branded NavPi units on the Nav Coin Store. These will ship with the image pre-loaded onto the memory card so all you will need to do is plug them in and send the coins.