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TomasPrilesky
Nov 18, 2021 3:07 AM

NANO lifting off in the next 24h Long

Description

Similar to MANA, NANO will be finishing a bowl formation, and breaking a long time overhead resistance line. Two solid reason why this will likely fly soon.

Comment

For the present moment the formation seems to be invalidated, but it's also possible for the price to jump back into it and finish what it started doing. I will be keeping my eye on this one.
Comments
zagorakis
are you sure?
TomasPrilesky
@zagorakis, #1 rule of trading: price can do anything. So no, never sure. I draw my lines, take my best guesses, and use tight risk management. In this case I had placed a trade when the price touched the blue line, with a tight stop loss just below. Needless to say, my trade is no longer active. But if the formation resumes, you bet I'll be right back in there.
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