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...
Of course it needs Bitcoin to keep the 9200-9400 levels and raising from there too, hopefully to break 10K and this time much stronger.
if we break 11K on BTC then the game really begin and you can see nano on 2$+ very fast
Anyway Nano is absolutely on the top of the ALT list for me, it's easily a top 5 coin and it's just around 50th place now, so a lot more to...
Purchase opportunity at 11
A very sensitive point to keep or sell: 13-14 more than 25 percent profit
Falling to 10 (According to the chart and the average of 100 days) or increasing to 15-16 (more than 40% profit)
This is just a suggestion.
Welcome to this quick Update.
Let's get to the chart.
Why am I bullish on NANO?
1. Breakout of the Falling Wedge pattern.
2. Breakout of the long term (ALMOST 349 DAYS) Resistance.
3.BULL FLAG in daily.
4. Golden Cross (50D MA crossing over 200D MA)
1132 TO 1155
Stop Loss: 1082
This idea is not meant to be a financial...
On a rising trend. cup handle formation has formed. and this formation took place in the rising wedge. I think it will rise from here. It is my own personal work, not investment advice. Good luck to everyone.
-strong breakout of trendline resistance
-today's candle is followed with huge volume
-the perfect entry was yesterday after the candle closed
-this breakout is confirming a trend change
-if upside will continue, the target is the swing top
-overall this market structure is bullish
-but do not recommend to enter a position now
-wait for a pullback on 4H...
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Wow! Surprisingly, or not at all because more coins have sort of broken this resistance line too, we are sitting now around 0.70. Check my previous idea if you wish as well!
And this is what it is from a 1D view:
Nano is currently in a downtrend, as shown by the parallel channel
The macd can be shown to be displaying similarities to previous movement within the channel
I wonder if we will see a dip again before the rise
There is also a bullish divergence on the MACD