NANO : lets try this again. are we doomed?
k so the obvious fractal is there. the one where we have had merely a HUGe correction before going on some sort of willy wonka moon shot.
is it possible? yeh it is. there is a LOT of printed/derivative etc money floating around.
dont talk to me about market cap, that just shows me you have no idea what your talking...
I can’t be the first to realize this but nano is following the same rises and dips during this time of the last bull run in 2017! So if we align the last bull runs candlestick pattern, it shows nano breaching $100 on December 21st and in early January just rocketing over $700! But if this is the scenario, just know it will not last maintain this high for long. I’m...
BLUF: After a daily close above 7.5; Entry 7.308, TP 9.9, SL 6.08.
I'm still new to technical analysis and I'm trying to exercise everything I'm learning, if I am miss label information please let me know! So please don't make a trade exclusively off what the information I am displaying here.
1. RSI trend line broken
2. MACD line cross
Looking at the graph using the log scale we can have a holistic view of where the price is going. If things keep working for the NANO Project.
In the graph, you see three types of trend lines: the blue and yellow ones are to illustrate a projection of an earlier dip and rise from the past.
The white dotted line indicates a trend that in the...
NANO seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 8.27 and even higher. I see strong resistance zone 8.28-8.47, so I will be taking profit bit lower below the triangle target projection. Still great RRR.
ENTRY : local high @ 6.883
SL : local low @ 6.6
TARGET : height of the triangle projected from...
An idea for NANOUSD
An also great entry point for the coin
as an expected double bottom is going to play out
Two tests of this level (in red) affirm the line as a point of support for price (resistance turned support)
200MA will curve and lead to up continuation
Buy point in green circle
Currently trending along 1.618 fib circle
I have drawn some trendlines which support the sticky circle and are likely points of a bounce off of the circle
Similar point also in green circle earlier on the chart
It looks as we have a Wyckoff accumulation pattern playing out on NANO.
It appears we are currently in Phase C of Wyckoffs accumulation pattern with a last shake out.
In phase D we should see price moving to the top of the resistance line and phase E a full blown take off.
This is not financial advice.
Hello traders and tradettes! I hope you are all doing really well and hopefully not losing too much in these current markets. I think we can all agree that trading has been quite difficult lately. You can blame it on the leveraged trading all you like, but the volatility is also due to many unexperienced investors creating a speculative market and bull run, with...
It fell just like I said. :) very pleased.
I love it when people are like, "that can't happen, and then KaPOW!! Right in the kisser."
Everything has fallen to levels where I think we have good price support.
Now I'm a buyer. Are you?
Not financial advice.
See my other idea linked below.
Solid buying zone and even if the BTC price will go down the NANOBTC should keep price higher.
Also price of BTC can bounce from 30k so it will fuel price of NANO even if NANOBTC will stay in place.