Nano at the the bottom?
Updated
#NANO is one altcoin that remained almost static those days of btc sidetracking.
A lot of FUD about Bitgrail hack took down the price but remain still a good project and the Nano foundation recently announced a legal fund for the users involved in the hack ( medium.com/@nanocurrency/nano-foundation-announces-legal-fund-for-bitgrail-victims-b5a39cf02fa8 )
The price retraced about -59% and the RSI got oversold. MACD crossed a couple of days ago and show potential a bullish trend.
In this moment there is a short run (probably due to the legal fund news), and possible price target could be 7900sat and 8200K on the weekly resistance
From a fundamental point of view there aren't particular issues and the roadmap look promising
#NANO #Cryptocurrency #Criptovalute
A lot of FUD about Bitgrail hack took down the price but remain still a good project and the Nano foundation recently announced a legal fund for the users involved in the hack ( medium.com/@nanocurrency/nano-foundation-announces-legal-fund-for-bitgrail-victims-b5a39cf02fa8 )
The price retraced about -59% and the RSI got oversold. MACD crossed a couple of days ago and show potential a bullish trend.
In this moment there is a short run (probably due to the legal fund news), and possible price target could be 7900sat and 8200K on the weekly resistance
From a fundamental point of view there aren't particular issues and the roadmap look promising
#NANO #Cryptocurrency #Criptovalute
Trade active
TARGET 2 HITPrice went over target 2, touched the 8600ksat and now is around 8300Ksat, that's a 13% gain from my calls!
At this moment it looks a bit oversold on H4 but price is consolidating on the weekly resistance, if it can keep at this level we can hope for another run upwards.
Remember to keep it safe the gain and raise the stop-loss around the first target
Hope you enjoyed the profit!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.