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.
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
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 - 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...
Aimed for a reversal.
Buy on 1 hour chart
Sell on 7h chart
Sell on 2 day chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
-This coin is currently testing the key area of resistance for the 4th time
-Technically, the more it gets tested, the resistance becomes weaker
-I only recommend to buy the break or a bullish pullback around 1200 sat range
-Provided there is bullish reversal signs or patterns in the lower timeframe
-For now, this is a wait and see the game if NANO can...
Propelled by the news of offline staking, mainnet and potential DeFi project, QTUM is on the hot steak lately.
One of the two famous smart contract platform projects, along with NEO, from China back in 2017. It is trading below its long-term S/R lvl and is about 96% from its ATH (Check my links below for other coins that are down over 90% from their ATH- SNT &...
Short term analysis is more risky than long term analysis, for short term analysis i use intraday trading analysis on this case in 1 hour timeframe for NANO/BTC
Before you do trading in smaller timeframe, i recommend you to use multitimeframe analysis, why use multitimeframe analysis? because it can reduce the noise..
Nano is in strong bullish in 1 Day timeframe...
I think it is just a matter of time before people turn their attention to payment/currency coins. Nano was really hot back in the day...
Nano is not an anon coin, so it is not known for its security, privacy and decentralization. It is more known for its fast transaction speed and scalability.