Hello!
Looking at the graph using the log scale we can have a holistic view of where the price is going. If things keep working for the NANO Project.
Alright.
In the graph, you see three types of trend lines: the blue and yellow ones are to illustrate a projection of an earlier dip and rise from the past.
The white dotted line indicates a trend that in the past dictated the boundaries for the highs after the dip.
Since we are still in 28 august it is difficult to predict how high this recent increase in price can go. However, we can observe what happened in the past and make a probabilistic map.
In this case, notice that the two highs before the dip indicate the highs after the dip. ( white dotted line on the left).
There's no particular reason to believe that the earlier movement is going to repeat itself. But if the next movement results in the price hitting that white trend line in the right, then we can expect +500 usdt movements.
Being more realistic, an uptrend lateral movement seems more realistic. With NANO passing 100 USDT in march of 2023.
Let's see!
Looking at the graph using the log scale we can have a holistic view of where the price is going. If things keep working for the NANO Project.
Alright.
In the graph, you see three types of trend lines: the blue and yellow ones are to illustrate a projection of an earlier dip and rise from the past.
The white dotted line indicates a trend that in the past dictated the boundaries for the highs after the dip.
Since we are still in 28 august it is difficult to predict how high this recent increase in price can go. However, we can observe what happened in the past and make a probabilistic map.
In this case, notice that the two highs before the dip indicate the highs after the dip. ( white dotted line on the left).
There's no particular reason to believe that the earlier movement is going to repeat itself. But if the next movement results in the price hitting that white trend line in the right, then we can expect +500 usdt movements.
Being more realistic, an uptrend lateral movement seems more realistic. With NANO passing 100 USDT in march of 2023.
Let's see!
