As seen on the graph, an inverse head and shoulders pattern is forming in the NANOUSDT pair. We recommend waiting for the right shoulder to form (for the candles to go upwards) and when the price surpasses the horizontal line, a long position can be taken at approx. 1.4780, as we expect the price to continue upwards. A take profit is to be placed, as long as the base to the tip of the head, at approx. 2.0418 and stop loss at 1.1234 approx. The risk ratio is 1.6 so the position is considered placeable.