NANO (NANOBTC) reached a peak on the 29th of July and hit a lower low while printing bullish divergence on the MACD and RSI... It has the potential to move up from here.
We can see that it is now trading above EMA10 on low volume. The RSI is bullish and everything looks like a breakout waiting to happen.
I am estimating 70% UP / 30% DOWN. But in my mind, it is more like 100% UP based on the action we are seeing from other Binance altcoins.
We are already active with a trade for NANO, so this chart is only a friendly reminder that this pair is about to move up.
But remember, just as it can go up it can also change course. So always have a plan before you decide to trade... For example, what would be your course of action if the price crashes now and moves below the last low?
Will you sell at a loss? Would you wait for the price to bounce? Would you rebuy and reload?
That's the type of planning that can save you tons of money in the long-run.