Updated
NANO Could this be the bottom?
Could this be the bottom? maybe yes:
-bears strength is decreasing
-2 bullish divergences
-0.618 fib extension
Next extension would be .786 at 1600.. It would be 50% more.. way too much without at least a bounce
-bears strength is decreasing
-2 bullish divergences
-0.618 fib extension
Next extension would be .786 at 1600.. It would be 50% more.. way too much without at least a bounce
Note
NANOSo far 3500 held, the bounce pushed the price over the 14ema for the first time in a month, and now it's acting as support
The price today is stable even if the whole market is red, a sign of strength that can push till 5000 (+22%) zone (horiz res and 55ema)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.