Saiek

Support turned resistance

Short
BINANCE:NANOBTC   None
Support at 119ish sats turned to a resistance when BTC and NANO dumped. Everything really depends on BTC now. If it remains bearish, we can see it break the previous support at 114k and 112k sats. We're in a 1d falling wedge (yellow) and a tighter falling wedge on the 1h (teal). If we can get neutral in the ichimoko, it'll put NANO at the previous support, and close to breaking out of the falling wedge. MACD converged, but no breakout. RSI looks fine, close to oversold earlier but back to ~42. I'm bearish since BTC is volatile. It all really depends on BTC now.

Again, I have no idea what I'm doing. I learned all this from youtube and some internet sites. I just really like NANO. I'm just drawing lines and hoping it's somewhere close. A broken clock is right twice a day.
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