jpbrown1023

NANO - Massive Bullish Pennant Ready for Takeoff

Long
Nano is forming a massive bullish pennant on its USDT chart. Pending no BTC collapse, this bad boy should fly if it breaks to the upside. With the price hitting support and a possible L3, this could be a great time to take a long position on NANO. I am entering here with a stop loss just outside support. The previous L1 and L2 had wicks that dipped $.20-.30 so a tight SL might save you some money for a potentially better position. But keep you eye on Bitcoin as it will likely determine Nano's fate.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.