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...
. 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.
. 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 Action...
Hello guys here is why I think we are going to mini-moon in the next month or so
1. Have been bleeding for a LOOOOOONG TIME
2. Trading and holding above 200 EMA for the first time in a loooong time
3. Bullishly broke a pennant pattern yesterday
4. 55 EMA Bullish crossed with 100 EMA (Pink EMA line) (Daily TF)
5. Broke and held 2900 resistance which is now...
$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
Launched in 2015 by Colin LeMahieu as RaiBlocks, Nano is a low-latency payment platform that requires minimal resources; making Nano ideal for peer-to-peer transactions.
NANO (NANOBTC) Chart Analysis
This is a very famous cryptocurrency project, I believe it can move soon:
Journal Entry #16
Looking at the Nano charts on Binance paired with BTC we're starting to see a little movement again!
Looking at previous ATH we see where we are now at 3009 sats and see the ATH is at 30,000+ sats = 10x potential. Sure we may not get there as fast as the speed of light but seeing as NANO is still around and project momentum seems strong we can...
NANO Isn't really looking bullish to me as it is trading below all major resistance in the form of moving averages, yet, here we are...
Feel free to hit like now, if you want to... and let's continue.
So, MA200 (black line) is the resistance that has been holding NANOBTC price down, if this level can be broken, you can expect strong bullish action.
As for the...
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.
Update on my small trading challenge. Just sold everything for a 20% overall profit, since I wanted to lock in some gains. Some of the coins (XRP and XLM) may bounce soon, but the market is looking a bit scary to me at the moment, so I feel more comfortable exercising some risk management here. I can always look for better opportunities later on.
This is not...
$NANO Reached resistance level at ~3200sats for a total 40%+ up since the UCTS Buy signal..
Volume at good levels
RSI reaching overbought & MACD rising
If it manages to break above 3200, 38xx should be our mid target.
Will update ASA see a good opportunity to entry