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TheProphetOfProfit
Mar 6, 2018 9:38 AM

NANO Leading Diagonal Update 

Description

Quick possibility on NANO; There is a possibility that we are about to enter Wave 3 of a Macro wave 3. Each Macro wave is denoted with a different color, with 1 being blue, 2 being red, and 3 being green. The first wave of Macro wave 3 is a leading diagonal made of 5 sub waves, meaning that the corresponding wave 2 must be comprised of 3 sub waves.

Unfortunately this also puts NANO in a make or break point, as the possible Green Wave 2 is at the lowest fib tier for this to be possible. If NANO drops below 12k this wave count is no longer viable and it is likely that we are still in a Macro wave 2 that will retrace to 10k Satoshi or lower, as shown below.

Comment

NANO bearish scenario is 12k is unable to be supported:

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