this could be an ABC move upwards and could mean a new low is on the way. there is also a bullish count I think and so ill be posting my sides of this story.
Looks to be trying to retest trend support. Long at support. Want to see RSI double bottom.
Looking to retest trend support. Long support in yellow.
Theres a lot going on in this chart but it all seems to hold some insight. The down trend seems to be slowing down. But I'd expect one more small dip to be made before it breaks the diagonal line. Once broken, it could still go down to $1.41 but it may also follow the dark fib resistance arc. Finally noticing NANO's association of Wednesdays over the past four...
NANO is looking good for major breakout after we see firm movement outside of our downward channel.
Mid term, it looks like theres now some overhead resistance as seen from the black lines at $1.66. Due to this overhead resistance, a bear flag could form and could see $1.37 again. Mid term, I feel bearish to neutral due to this resistance. Breaking above the resistance, possibly see a double peak at $1.97. This isn't advice, only a hypothesis. Lets see how it plays.
NANO is following our parabolic curve - overall looks very good
Nano about to breakout a resistance it had been holding for weeks!
$NANO/BTC looks like it has been forming the perfect base for an imminent parabolic surge . Notice how pressure has been building while nearing the 0.5 Fib during the last 3 weeks. Both price strength and volume seem to confirm. What's more, when pressure started to build at the beginning of this month, OBV broke the zero line into positive area and is now...
this could be a rising wedge. or we can just SHOOT up through this. just wanna show this to everyone to explain to be careful. overall the bullish daily chart remains the same IMO
Alts markets are approaching a local bottom, but NANO has held up pretty well. Wish me luck
$NANO Testing ~3200sats resistance.. If we manage to retest and break over it (with volume...),it could be a good entry for a run to next resistance. MACD Rising / RSI over 50 UCTS Buy signal on the daily (30% up already) Potential target/next resistance on chart #NANO
Sharp buying off a daily pull back to the 20 EMA. Looks set to out perform bitcoin and good risk to reward off the todays price action. Other factors - Moment indicators neutral - Fibonacci Confluence - Bottom looks to be rounding out - Broken and holding above resistance - In a Daily uptrend
Looks like NANO is breaking out from its local resistance that occured on 0.00033 satoshi. In the next few days, NANO should hit at least 0.00039 as it's daily candle finally broke through this resistance. Daily candle still hasn't closed, so we should be patient regarding that. In short time frame, the 0.00039 price level should be reached and in longer time...
En cualquier direccion que vayamos los targets estan marcados con soportes y resistencias.
NANOBTC RRR above 5.23 decent hvf pattern MA50 cross above MA100 - on DAILY this cross has never happend since inital listing MA50 cross above MA100 cross above MA200 - on 1H this cross happened just yersterday- last time it happened at 28th march leading to a 45% up move.
Technical analysis: . NANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price...