NANO is showing tremendous strength considering the overall market conditions where BTC is quite bearish (BTC idea below).
A 50% pump on volume today is quite something and NANO is famous for such moves. Nice.
However, the pump is taking a break as we also hit a key resistance at $16.5. We will have to consolidate here before we can pierce this level and jump to the next significant resistance around $24.
The indicators are extremely bullish still and there is no sign this pump is over. The momentum remain very strong and I can definitely see NANO going to hit its ATH at $33 in the nearby future. Great.
Nano holders that bought under $1 should be pretty happy... :)
There is nothing bearish on this chart. So HODL for now and aim to take some profit at the next major resistance and ATH. We may even pass beyond ATH, but for that to happen the market has to remain bullish.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!