Hey guys spotted potential buy opportunities on Nano after breaking out of falling wedge and believe this worth looking into.
Make sure to follow the suggested accumulation zone on the chart and always respect the given stop level.
Nano has formed a very bullish pattern and is sitting on 200MA support, we expect it to rally mid-term!
Formerly known as RaiBlocks (XRB), that Peer-to-Peer (P2P) cryptocurrency does not need fee for transaction, more info on nano.org
Current Price= 0.0001097
Buy Entry= 0.0001090 - 0.0000971
Take Profit= 0.0001411 | 0.0002012 | 0.0002833
There are 3-4 indicators currently pointing towards a potential breakout very soon.
- RSI touched the oversold area.
- RSI decline has been broken out of
- Sell pressure is declining
- A falling wedge breakout that appears imminent
I'm not trading NANO however my suggestion for a stop loss would be best below the wedge at around 0.0000940.
The falling wedge...
Nano has a big opportunity to pump next weeks with 4x
NANO is one of the few surviving coins from 2018 Bear Market, which has successful broke the big resistance before 2020 Bullaun following Cardano and Ethereum
Here is another one that is very hard to read... This is not the type that I look for/share.
If you look at my choices, 28-June/2-July, they look very similar and are all moving up.
Here on NANOBTC, the action is already ongoing and the signals are very mixed.
You can get some up, then down, then back up, etc... Very hard to predict.
But these are analysis by...
NANOBTC is testing the weekly resistance. IF the price will have a breakout and flip the current resistance into new support. According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
Publishing my first TV idea ever! This is not financial advice, but Nano is in a great position to explode. Elon's tweet about Tesla stopping BTC payments has helped shift the narrative to more eco-friendly cryptocurrencies. Elon singlehandedly derailed Bitoin's sentiment. And the Dogecoin hype helped shift the narrative towards altcoins, which are now more...