Market is poop, but this could indicate a potential bottom for XNO seeing how the next week or two plays out.
NANO is a long term HODL and accumlate for me, Bottom of the channel is the less risky place to buy. NFA.
Bullish divergence on RSI along with some bullish activity on total market cap will be the clear indicator for me to go long.
Just ideas of...
Was looking at the NANO / ETH chart and noticed every time it hits the bottom of the channel, it's managed to get to the top of the channel some time after.
Long XNO
Not financial advice, just an interesting observation I would like to track into 2022.
Technical analysis:
. Nano/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. Nano/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. NANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. NANO/ETHEREUMis in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. NANO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. NANO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the...
Technical analysis:
. NANO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the...
Technical analysis:
. NANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.010041 to 0.008938), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Technical analysis:
. NANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.010041 to 0.008938), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Watching the MACD anticipating a crossover of the histogram and a breakout of the triangle.
From the Stoch, it looks like the bears are maxing themselves out on every leg down. Matter of time until they are overpowered IMO.
I'm bullish on ETH/USD over the short/medium term so coupled with the above we should be looking good for a strong leg up /BTC and/or USD
KRAKEN
