TradingView
ickylevel
Jan 27, 2022 4:04 PM

NANO Downward triangle Long

Description

We also had a similar triangle early 2018. NANO usually goes down after a flat triangle and up after a downward one. So it is likely to go up soon. It has been testing the resistance a lot the past few days , with theses minipumps.

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So... Fingers crossed. Let's see if this pump holds.

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Yhe bottom line of the triangle seems to have become a resistance. So maybe that means it was accurately drawn. Which could mean we should see a move this month.

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Well the previous triangle in purple could be redrawn to include properly earlier bottoms. In this case at the end of it, there would be a break of the support liek what we are seeing here. Scary though. Because we are flirting with the 'all time' low. This can't be a good sign.

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By the way, the duration of this period under the support should be 2 weeks.
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