I've got my eye on NANO against BTC. There appears to be support on the price action as well as the daily MACD. I think there could be great potential if the price starts to head north. Forgive the zoomed out look. I wanted everyone to know where my support and resistance levels were coming from. Given BTC's fragile/bearish state, keep it in the back of your mind...
Nano manages to break the down-line resistance and consolidate it above.
We are currently looking for another Higher Low to form to prove the old resistance is now new support.
Highlighted below is the buy zone or key area of support.
Buy area: 1018 Sats - 950 Sats
Sell target: 1400 Sats - 1800 Sats
Stop loss: 850 Sats
Don't forget to...
After a minor consolidation, the volatility is likely to return with a BANG in NANOUSDT!
Nice balance in the setup with plenty of buying interest on the 1h coming through (just check those volume green candles).
Entry just above swing high with an invalidation of the trade/idea below the red dotted line.
Hello my friends, I think that base on my experiences, NANOUSDT is going to grow in mid term swings, however in 4HOUR TF shows that nano is in Bearish but in daily TF is in BULLISH and bulls wants to attempt the 1$ soon.
last time they couldn't do that.
good luck every one.
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Hello. I decided to develop you TA on something unussual, low supply, risky, volatile and less-exptected from lowcaps.
Never take it as advice to trade or invest. Always do the research by your own.
Nano (formerly RaiBlocks), actually ranked #48 on CMC, is a decentralized, sustainable, and secure next-generation digital currency focused on...
A great opportunity to long NANO against Bitcoin.
Reasons to long:
1. Bullish SFP on Weekly. Stop losses are taken by big players.
2. Bullish RSI divergence on Weekly. Bears are losing steam.
3. Big falling wedge on Weekly.
4. Daily RSI 30 level is reclaimed.
5. Strong support retest on Daily.
6. Bullish RSI divergence on Daily.
Hello everyone, hope you're all doing well.
Today, I'd like to share with you long term and short term idea surrounding NANO.
Short term, NANO looks like it has found a support between 0.8-1.2 USD and it has been trading in these ranges for a while. On the BTC chart, it looks to have found a potential bottom at 0.00000900 BTC as it seems to create yet another...
On top of tech and inherent strengths (faster transactions, feeless, ...) NANO seems bullish in the coming weeks after recent strategic partnerships announcement :
- Lower reach on this pair
- Oversold RSI
This one goes a little bit against my personal bias for crypto at the current high prices, but an analyst needs to be objective in my view. So here it goes :)
On the left we can see the USD pair, where it broke a clear trend line, but instead of some volume increase and acceleration down, it's moving slowly in what seems to be a bullish wedge. The BTC pair shows...
Man, a lot of people are really frustrated with the price action of NANO. And who can blame them? I did make a call recently that NANO could test some lower levels, which it has already done. Link to that idea is at bottom. However, even with lagging alts, I'd urge everyone to pay attention to the USD pairings. This is why I say, "looks can be deceiving." Take a...