Extremely volatile, yes it could possibly fly higher after it went 4x it's value but froma technical analysis point of view there are 3 un-checked levels and most likely the price will need to drop and check them.
Then it either rebounds on one of them (consider to buy then) or sink to the next one.
Just be careful when you trade such volatility.
Would attempt...
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.
Nano has had some great results recently but it is coming down in a heavy bearish correction.
Nano is a good asset for the long term with its capabilities against Bitcoin for payments.
As a long term hold this is a good one but not where it is right now...
Risk to reward 2:15
Buy range 2485-2535
Sell range 2430 @8 day moving average
potential hammer candle forming
overall trend is bearish
50 day MACD shows downward momentum
RSI has a lower high
low volume daily candle
Up 13% on the daily
NANO Coin Doing Retest on the Resstance 2800 after retest price will come back the level 1300-1500 Zone.
then You Can buy and hold for some months then can Gives You Big Profit.
Buy Zone 1300-1500
Sell on the 2800, 5200 upto 300%.
Set StopLoss Own RR Ratio .
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning-...
I think we need to retest the previous low from august before making our way up, there is a lot of development being doing on the background and we must use this time to take advantages of the low prices. Nano will be great next year and maybe it will be on top 10 by CMC.
It's very unknown that we'll reach that sub 1$ price from August, because the sentiment is...
Hi guys,
This is a short idea on NANOBTC (H4). If the price close above 3980 sats, we could expect a run until 5500 sats or more.
I'll update the idea in real time.
Thanks for tour time.
Hello Lads and Ladies,
Today we will be taking a look at NANOBTC. A highly discussed coin, that is supposed to achieve great goals in the future. Yet, right now it seems to be slowly bleeding out like most of the altcoins right now.
Taking a look at the daily chart of NANOBTC, we can see that since March 2018 it has been consistently moving inside the red...
My Personal updated NANO map - Buy/Sell Zones
I switched from 4h to daily charts because of the recent BTC action. Higher timeframe altcoin charts are more reliable at the moment.
Possible double bottom forming at 6k sats. StochRSI at the bottom for weeks, RSI almost oversold but MACD is still bearish.
I think for longterm this is a perfect spot. Lets see if 6k holds.
