Nano Channel Trade

BINANCE:NANOBTC   Nano / Bitcoin
Hello, as promised I wanted to share with you the reasons for me taking this Nano trade. It's a fairly straight forward trade; no technicals, no patterns, just a channel visible on htf up to the weekly.

So I basically noticed a multiple-touch channel on both the top and the bottom. It seemed as it had established a low range at the bottom again with a decent amount of volume , and so I envisioned it would bounce.

I placed the stop below the low, and the last target just below the top of the channel.

Let's Go!


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