TradingView
futuremihai
Apr 4, 2018 12:38 AM

Simple NANO breakout play Long

Description

NANO confirmed breakout of midterm downtrend (since March 1st). Watch for price suppression and manipulation, look at order books on both BTC and ETH pairs before making a decision (saw a 1000+ ETH sell order just now and there was nothing on the BTC pair). I entered a position at 78000 sats, I don't recommend entering now; it's better to wait for a pullback since RSI and Stoch are both overextended.

Trade closed manually

Stopped out...

Comment

I figured out why this didn't work out. People are panic selling because Binance deposits aren't enabled.

Comment

Caught a nice entry. Bought on Binance trading competition news.
More