Nano - Intraday - We look to Buy at 1.063 (stop at 1.019)
Trend line support is located at 1.050.
We look to buy dips.
Short term bias is bullish.
The RSI is trending higher.
Our profit targets will be 1.194 and 1.275
Resistance: 1.200 / 1.280 / 1.400
Support: 1.110 / 1.050 / 1.000
NANOBTC just started to move strongly today with prices staying above EMA21 and EMA10.
The trading volume is starting to increase.
Let's have a look at the indicators for NANOBTC...
We start with the MACD:
Here we have higher lows and the MACD (blue) line trending higher.
The histogram has gone green.
It's been a while, Nando. Good to see you. Now, what do we have here? A breakout from a VERY long downtrend channel, followed by consolidation near $1.00. NANO has lagged behind the market a bit, but I have a feeling it's still on many people's radar, considering it has actually held much of its gains from 2017 (still 100x up, which is more than Bitcoin). Many...
There's no question to whether or not solid coins with good fundamentals will reach their previous all time high and go even higher with a new bull ( fomo ) cycle. That makes NANO the most overlooked gem in my opinion.
The coin went down by 95%! That's a 2100% increase to meet previous all time highs! I couldn't find a chart that precedes February on tradingview,...
NANOUSDT (1H CHART) Technical Analysis Update
NANO/USDT currently trading at $1.16
SHORT Entry: After Support line Breakout in 1h chart( Enter short after 1-hour candle close below the resistance level at $1.14)
STOP LOSS ( support): 1.29
Support level (Target) : $0.92
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview...
NANO is still moving sideways in the range of 0.7-0.9$ from September until now. So our plan is to buy close to 0.7$ and sell close to 0.9$ and will cancel this sideways plan if NANO closes the 1D candle outside this zone.
If the NANO breaks through the 0.9$ zone, it will strongly increase to the 1.2$ and even 1.4$ zone
But if it falls off the 0.7$ zone, it will...
Nano - Intraday - We look to Buy a break of 0.7812 (stop at 0.7582)
Price action has continued to range within a triangle formation.
The bias is to break to the upside.
A move through 0.7800 will confirm the bullish momentum.
A break of 0.7400 is needed to confirm follow through negative momentum.
Our outlook is bullish.
Our profit targets will be 0.8482 and...
Nano seems that broke out the neck line of a short turn head and shoulder pattern. It would be a good indication that it is goind to reach the read line.
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At the moment, there are 3 sell signals present and I'm BEARISH.
So, I don't think this is a good time to buy.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (1.14) for 1D to buy,
3- You can buy when candles touching the...