RSI has positioned below trend. MACD and STOCH both with bearish approaches.
Nano appears to be on an upward trend.
Technical analysis: . Nano/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . Nano/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
18k sats is a good bid - shouldn't drop beneath due to weak sell volume Could be worth having 12k sats sink bids just in case
BINANCE:NANOBTC has retraced 50% since it's recent high. However, you'll find that MACD has crossed and we have huge RSI bullish divergences on the 1D and 1W charts. Included in this, is a giant triangle. We're looking for a huge bounce through the triangle and up to at least 0.001 sat which would be a 5x from this point, obviously long term but look for a return...
$NANO Retesting support at 21k sats.. UCTS Sell signal on the 8h chart Volume seems low for now if it manages to break the descending trendline with volume, we may see a double bottom pattern in play For now set alerts and wait for the correct conditions to appear. #NANO
NANO buy time, possible 40% profit
$NANO Looking good... UCTS Buy signal on the 12h Volume increasing trying to fly from support Descending trendline no longer valid ABCD Bullish pattern can be found Bullish divergences on RSI & MACD hodling this movement... #NANO
NANO has dropped back down to its accumulation range and looks ready to run again If BTC grinds slowly lower, alts could see major moves
Back in the support of the trading range Grabbed some, stop and PTs in the chart Simple trade
NANO | 1D | Long Entry ~0.0002350 Stop ~0.0002195 TP ~0.0003225
Update from my previous NANO chart. The uptrend was broken, which was a sell signal. Based on what's happening with other alts, I wouldn't be surprised at all if NANO broke the 2000 support and retested some of the low areas it hasn't seen since last August. I think if the 2100 area falls, we could easily drop towards 1800, to potentially find support at the...
Breaking the 61.8% Fibonacci level to the downside as bears gain some near-term trend strength. Hope this helps! FiboSwanny