NANO - the rainbow after the rain - 100%++ gain 1:26 risk/reward

Good day traders,

Today we have a fantabulous trade coming from none other than NANO. Definitely one of my favorite coins to trade. Feel free to review my last idea on NANO which did not hit the other day, but this one we'll likely catch for a very strong third wave.

Entry 7300
Stop 6950
Target 16500, start taking profits from 14K and up
R/R ratio: 1:26

If you have found this to be entertaining at the least or if you hated it, feel free to let me know with a like or comment. As always, good luck and stay safe!

Kinashi San

*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*

Comment:

Nano sure loves its leading diagonals. Here you see another diagonal being formed. If you have not gotten into this trade at 7300, you might as well go for maximum gains by spreading out your buys from 7300 all the way down to 7000

Comment:

Sure enough, we came right back to the support for some amazing entries. Hope you guys were able to get in on that

Comment:

Nano reminds us the reason why we need to trade with stops. No matter how much work we put into an idea, we can still be wrong. So stops are our friends. However, if you didn't put in a stop and now are being forced to HODL, worry not as you can still set your exit for 7700. Given the push-pull nature of Nano, likely we'll see it test this resistance again before exploring the southern regions. Stay safe