Hello people!
This what I am looking at with the Bitcoin x NANO graph that is fresh new because NANO changed the ticket to XNO recently.
I expect NANO to over perform Bitcoin at some point and the main levels for short term are on the graph.
Cheers!
Hello people!
For the last few days NANO was delisted from Binance because the NANO foundation changed the ticket from $nano to $XNO to fit better the financial naming standards.
Today the chart is back on and super fresh. Some people managed to sell it for 3.9, which is extremely profitable considering that at this moment the price sits at 2.13 usdt.
I think...
So I was going to do my normal prophetic lines and such, then couldn't find a damn chart to do it with properly. I mean data from this one was around right? How could there be nothing.. :(
Anyways, this has turned into a 'look what a total pos like Verge can do, now lets just take that % and move it onto NANO.
BTW if you weren't around in 17 you won't know what...
Nano is prepared for a massive breakout - it looks fantastic on every timescale.
Nano's bottomed out in March after 2 years of decline from the devastating general crypto bear market caused by Bitcoin's demonstrated inability to scale.
It's now climbing, with enormous strength.
Yesterday we saw a single sale of ~$500k worth of Nano - 0.3% of its supply - which...
After being in a descending channel against Bitcoin for over a year, Nano looks to be on the verge of a breakout. Coupled with a golden cross against USD several days ago, all signs point to the beginning of a possible longer-term uptrend (and possible end to 2.5 year bear market?).
Big decision time again.
What's your position? Up or down? We're still over the descending trend line (check related ideas)
No more words here so far, except yours... Time to buy more or sell?
Thanks!
Nano has been suppressed by a diagonal resistance line for the past week. Unless nano manages to break above $1, it will most likely continue down to lower lows I expect sub .70 cents. If nano does manage to break above $1.00 I would expect to see it continue up to at least ~$1.30 however, I believe bears are in control at this time.
This is not advice. I'm...
Whether or not we have truly seen bottom in the crypto market remains to be seen, but as I mentioned in my BTCUSD analysis(), NANOUSD is the coin that helped me to see the bigger picture. Why? Because I decided to compare it with an old BTCUSD bubble cycle from 2011, when it similarly rose from cents to around $30, only to crash back to $2. I used some simple math...
