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Saiek
Mar 12, 2018 5:46 AM

Nano support, BTC Volitility Short

Description

NANO at a big support on the 1hr. Currently in a bearish descending triangle. If it breaks down it will break through the ichi cloud and looks pretty bearish. RSI nearing oversold so we could see a bounce at a lower resistance, or we could retest the decending triangle if the MACD has a convergence. Nano is still within the 1d falling wedge (yellow trend line based off the 2 highest candles).

This will be the 4th time we test this support, and with BTC volitility we can see NANO start to get within the low 11X range.

I have no idea what I'm doing. I'm just drawing lines and hoping it's somewhere close. A broken clock is right twice a day.
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