Here are the next support levels based on the Fib. extension tool:
If I wanted to buy-in, rebuy or reload some NANO , I would do so between #3 and #4. The size of the retraces will really depend on the market and how good NANO does. If the retrace isn't strong enough, then between #2 and #3 should be your entry point.
We will have a better picture after a few days, but sit back, watch and relax to see how far it can retrace.
Also, since NANO was early and strong on its take off, tracking it might give us an idea on how the other alts / Binance coins will also move.
Thanks for reading.
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Let's see how things are going after a few more days.
Lowest so far for the retrace was 0.00036 yesterday... it has been holding strong so let's see how the week closes.
The market seems to have lots of "miniature wars" at the moment. Will be interesting to follow. Could probably have swing-traded a wee bit, but when the market is as it is now I rather wait it out.
Hope that you are right.