Hey, I am back with another technical analysis, this time looking at Nano.
NANO - Infinitely scalabity, instant transactions and no fees.
I use NANO to transfer funds between exchanges everytime.
Looking at chart.
You can see there is a cup and handle breakout pattern with strong demand.
Very strong Volume that came in.
RSI uptrend and currently in overall uptrend riding on EMA.
When can this pattern fail?
Broke uptrend line and wont come back.
Bitcoin dip strongly.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with NANO somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.
NANO - Infinitely scalabity, instant transactions and no fees.
I use NANO to transfer funds between exchanges everytime.
Looking at chart.
You can see there is a cup and handle breakout pattern with strong demand.
Very strong Volume that came in.
RSI uptrend and currently in overall uptrend riding on EMA.
When can this pattern fail?
Broke uptrend line and wont come back.
Bitcoin dip strongly.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with NANO somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.
Comment:
Important moment
Comment:
lets see if NANO can get back on the track