NANO-BTC on 1D Chart
Let's not give up on all hope...yet!
Facts to work on:
- We've seen NANO forming an almost symmetrical triangle pattern which was almost set up for breakout (but BTC decided to fall...or whales decided :D )
- the green line is what I consider a readjusted base line for the triangle formation
- we are currently touching this line and we may as well see a bounce from this price level.
- I would also like to belive in a hammer reversal candle for yesterday's close on daily, so let's keep an eye on today's price action and how we will close
* see the last hammer reversal candle from 14th August.
I am looking forward for other suggestions regarding possible upcoming price actions.
I'll keep posting on this, since my entry was at the green dotted line level just a few days ago.
Let's not give up on all hope...yet!
Facts to work on:
- We've seen NANO forming an almost symmetrical triangle pattern which was almost set up for breakout (but BTC decided to fall...or whales decided :D )
- the green line is what I consider a readjusted base line for the triangle formation
- we are currently touching this line and we may as well see a bounce from this price level.
- I would also like to belive in a hammer reversal candle for yesterday's close on daily, so let's keep an eye on today's price action and how we will close
* see the last hammer reversal candle from 14th August.
I am looking forward for other suggestions regarding possible upcoming price actions.
I'll keep posting on this, since my entry was at the green dotted line level just a few days ago.
Trade closed: stop reached