[NANOBTC] Highest volume since Feb. (Retrace incoming - BUY-IN)

Description

⋅ Aug 27, 2018 5:42 PM

After such a huge growth, from 0.000127 bottom on 14 Aug to 0.000567 yesterday, it is safe to say that it is time for NANO to retrace.

Here are the next support levels based on the Fib. extension tool:

(1) 0.000398
(2) 0.000347
(3) 0.000295
(4) 0.000230

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.

Please like, share, comment and follow for more trade ideas.

Namaste.

Comment

⋅ Aug 27, 2018 5:45 PM

Previous analysis:

Comment

⋅ Aug 31, 2018 4:50 AM

So far NANOBTC has been holding strong.

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.

Comment

⋅ Sep 4, 2018 1:08 PM

NANO is preparing for more. Retrace + consolidation has been completely healthy and solid.

Comments

Astro_

⋅ Aug 27, 2018 10:55 PM

Thanks for sharing

AlanSantana

⋅ Aug 28, 2018 12:10 AM

@Astro_, Always... it is my pleasure.

jesus360

⋅ Aug 27, 2018 7:47 PM

Thanks for sharing!

AlanSantana

⋅ Aug 28, 2018 12:09 AM

@jesus360, It is my pleasure always. Thanks for taking the time to comment.

EduardZimmermann

⋅ Aug 27, 2018 7:00 PM

Thanks for sharing! Finally some Alts again. (:

AlanSantana

⋅ Aug 28, 2018 12:09 AM

@EduardZimmermann, It is my pleasure. I appreciate the support.

vickydaswani

⋅ Aug 27, 2018 5:53 PM

namaste

AlanSantana

⋅ Aug 28, 2018 12:09 AM

@vickydaswani, Thanks for the support.

Namaste.

dogalkozmatik

⋅ Sep 23, 2018 8:37 PM

UPDATE PLEASE

AlanSantana

⋅ Sep 23, 2018 8:39 PM

@dogalkozmatik, I was looking at it recently... still no signs of a breakout for me but it looks like soon.