Hi folks -
Nano is currently resting on the 100 EMA, after trading in a range from about $1.38 to $2. A break below the 100 EMA could see Nano proceed to support at $1.38 and a very bearish move even lower.
However, a move upwards of $1.65 could see Nano escaping the triangle and moving to a new target above $2.
Leave a like if you appreciate this analysis - and happy trading! :)
Nano is currently resting on the 100 EMA, after trading in a range from about $1.38 to $2. A break below the 100 EMA could see Nano proceed to support at $1.38 and a very bearish move even lower.
However, a move upwards of $1.65 could see Nano escaping the triangle and moving to a new target above $2.
Leave a like if you appreciate this analysis - and happy trading! :)
Comment:
Nano took the other path.