What we tend to observe on Nano (and other altcoins) is the tendency to resonate with bitcoin. So, based on that, it is possible that we'll see NANO railing back towards bitcoin soon. With that said, we need to pay attention to something: railing back towards bitcoin doesn't mean that it is going to be bullish movement. If Bitcoin continues on its crash pattern, we'll never know if NANO we'll sync again in its lower prices (in this case, we shouldnt see any bull run) or its actual/high prices (and, in this case, we should see bullish momentum).
Entry point should be based on indicators and patterns, not on this THEORY only. I'm a amateur trader, dont blindly follow my analysis.
I will update this idea if a see a possible entry point.
Thanks a lot for your attention, and please keep your money safe. Let me know any suggestions/critics.
Entry point should be based on indicators and patterns, not on this THEORY only. I'm a amateur trader, dont blindly follow my analysis.
I will update this idea if a see a possible entry point.
Thanks a lot for your attention, and please keep your money safe. Let me know any suggestions/critics.