Long

NANO to the moon! Great Risk/Reward opportunity! Binance chart.

A truly great opportunity to long NANO against Bitcoin .

Reasons to enter:
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.

Strategy:
Wonderful Risk/Reward Ratio = 5.23 or 15.95
Entry: around 0.0000897
Stop loss: 0.0000772
Target 1: 0.0001471
Target 2: 0.0002676
I would recommend taking initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2.

Please take a look at my trading idea "A relief rally for ALTS is incoming!" where I explain why I think ALTS are due for a big bounce.
Trade safe!
ALTSaltseasonChart PatternscryptoCryptocurrencyNANONANOBTCnanobtcbuynanobtclongraiblocksSupply and DemandSupport and Resistance

Also on:

Related publications

Disclaimer