NANOBTC - Approaching Bottom on daily - Possible Buy Opportunity
Hello Friends!
Good to be finally back. I had been busy setting up the community website for Lets Go Cryptos. But here I am back with another TA on NANOBTC. Lets get straight to it.
As we see on the daily chart, NANOBTC seems to be forming a falling wedge and the price is approaching the bottom. This is a good place to buy according to me. It is best to wait for a bounce from the support and then enter for mid-long term.
RSI is pretty low as we can see from the chart. Do your research and if you agree, enter the trade.
I have some resistance lines in blue on the chart. Refer those as targets for mid-long term. Also, most importantly, do not forget to set your stop-losses.
Make sure to join the community website. Check out the link on my profile page. See you all there.
Happy Trading!
Good to be finally back. I had been busy setting up the community website for Lets Go Cryptos. But here I am back with another TA on NANOBTC. Lets get straight to it.
As we see on the daily chart, NANOBTC seems to be forming a falling wedge and the price is approaching the bottom. This is a good place to buy according to me. It is best to wait for a bounce from the support and then enter for mid-long term.
RSI is pretty low as we can see from the chart. Do your research and if you agree, enter the trade.
I have some resistance lines in blue on the chart. Refer those as targets for mid-long term. Also, most importantly, do not forget to set your stop-losses.
Make sure to join the community website. Check out the link on my profile page. See you all there.
Happy Trading!
Comment:
NANOBTC is formed a double bottom according to me. We might see some movement soon.
