reza_tayebi

Nano`s chart looking beautiful for bulls

Long
BINANCE:NANOBTC   Nano / Bitcoin
Nano`s chart shows great potential. It reminds me of how beautiful Tron`s chart looked a few weeks ago.
Price currently is playing around major support area with great upward move potential.
Nano`s chart, like some of altcoins and even Bitcoin , seems to be making an “Adam and Eve” pattern. This is a bullish pattern .

Resistance levels :
10048
12162
13759
15438
16969 (major resistance)

Support levels :
08985 (I see good support around here)
07420

I will update this post regularly.
Comment: Nano breaking out toward first resistance.
Buy volume is very nice.
Comment: First resistance got broken and turned to support.
If market stays healthy, nano will toward next
resistance level which is around 12162 satoshi.
So far buy volume looks very good.
Comment: If current price level doesn't hold, we might see a drop
to major support region of 8985. 8985 is also sitting on
Fibonacci level. So there's a high chance of it holding.
In case Nano drops to major support level, you can buy
it with a tight stop loss.
Comment: Perfect opportunity to buy Nano. It is sitting on Daily support of 9050 Satoshi. You can buy now with only 1.5 percent stop loss.
Comment: Major support of 8985 has been broken down. If price stays below this level
for some time, it will turn to a resistance. Next major support is 7911. If price
drops that far (low chance) it will be a good buy opportunity with a tight
stoop loss.
Comment: We're seeing a possible head and shoulders pattern.
If this pattern plays out, a drop to support levels is possible.
Comment: Yesterday I mentioned possible bearish head and shoulders pattern.
Until 8985 resistance is broken with high volume, I suggest stay away
from Nano for now. If you already own Nano, you can keep it
while 8339 support level holds.

Comments

Perfect opportunity to buy Nano. It is sitting on Daily support of 9050 Satoshi. You can buy now with only 1.5 percent stop loss.
Reply
nano miterekoone.
Reply
reza_tayebi rooziami
@rooziami, Yes highest buy volume in history of Nano happened a few hours ago.
Reply
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