alanmasters
Long

NANO Cup & Handle Bullish Pattern @alanmasters

BINANCE:NANOBTC   Nano / Bitcoin
NANO Isn't really looking bullish to me as it is trading below all major resistance in the form of moving averages, yet, here we are...

Feel free to hit like now, if you want to... and let's continue.

So, MA200 (black line) is the resistance that has been holding NANOBTC price down, if this level can be broken, you can expect strong bullish action.

As for the pattern on the chart and title, we are looking at a Cup & Handle . This is a bullish pattern and if it plays out it can generate good profits for us.

All the details are marked on the chart above. The brown dashed line at the bottom is the stop loss. Remember we always use a "manual stop-loss" to avoid losing money to stop-loss hunters.

You can read more about manual stop-loss here:
Now, regardless if this pattern plays out or not, we have an active trade for NANOBTC which can be found here:
Remember that patience is the key. Whichever altcoin you choose, stick to it, wait patiently and sell on target on the way up.

If the stop loss is activated, we close at a loss and move on.

We do not cry or complain, we simply move on as more opportunities will always be made available to us by mother nature, God, and our Angels.

In the case we win, we are really grateful, we collect the profits and still move on.

This is a money making game. So as long as you are making money you are winning, regardless of what anybody says.

Feel free to hit like if you were entertained.

This is Alan Masters and I love you!

Thanks a lot for reading...

NAMASTE!
Comment: Really beautiful, +40% for NANOBTC.

More to come.

Enjoy the profits.

Namaste.
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Comments

It seems lot of users missed this trade ( Including me :) ) , You are great @alanmasters Namaste!!
+1 Reply
alanmasters rkothwala
@rkothwala, Thanks a lot for the support, appreciated.
+1 Reply
Can you analyze btsbtc? Bitshares
Reply
@alanmasters Is NANO still active? And ready to jump short term?
Reply
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