Description
⋅ This is not financial advice.
Indicated in the short position could be a good opportunity for a 5%-10% gain.
If the breakthrough at 135000 occurs in my opinion we could be off to the races up to ~150000 based on what has happened historically.
Depending on what happens with BTC and the rise that could occur, this could setback NANO/ALT's during that period.
Please let me know what you think of my analysis, i'm new to the trading game so any feedback will be appreciated.
Comment
⋅ We fell through 116000, next support at 114640
Comment
⋅ Due to the BTC drop, this has had a negative affect on the value. BTC support at $8848 then $8729.
Comment
⋅ NANO has formed a double bottom @ ~11470, upwards trend could be a strong possibility soon.
Trade closed: stop reached
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