NANO/BTC made new lows on Thursday but price quickly rejected and rallied above the resistance level around 0.0007.
If price continues the move up, we can expect the descending trendline to provide some resistance, but ultimately getting broken and price continuing up to the resistance area above 0.0008.
If we see a reaction from the trendline, the next support area is around 0.00075, where we can expect new buyers to show up.
If price drops down from its current levels, we can also expect the support around 0.00075 to hold.
Good Luck,
CryptoTrendline
If price continues the move up, we can expect the descending trendline to provide some resistance, but ultimately getting broken and price continuing up to the resistance area above 0.0008.
If we see a reaction from the trendline, the next support area is around 0.00075, where we can expect new buyers to show up.
If price drops down from its current levels, we can also expect the support around 0.00075 to hold.
Good Luck,
CryptoTrendline