Do I buy? do I sell? do I hold? Your Answers are Below.
Updated
Hi my loved supporters!
The most questioned coin of the day has been Nano everyone asking for an update. Here it is.
NANO/BTC has done some great figures today and i hope your collecting as you go. I want to remind you that no matter where you got into this move, and no matter how much you are up, you haven't made money until you actually hit that sell button. To make the money you need to pick some levels and close at least part of your trade.
Levels for you 0.00157 (The Black Line) is a recent high and probably resistance area being tested at the moment.
0.00140 (The red line) is support, and I would exit my trades if we pulled back to this level.
0.00185 is a normal target, and I would close part here.
0.00192 is the level the first day closed. I would be looking to take most of my profits here.
If you want to check targets , you can go down 2 time frames and watch price action, for clues on direction.
Feel free to ask any questions you have below and I will try my best to respond.
The most questioned coin of the day has been Nano everyone asking for an update. Here it is.
NANO/BTC has done some great figures today and i hope your collecting as you go. I want to remind you that no matter where you got into this move, and no matter how much you are up, you haven't made money until you actually hit that sell button. To make the money you need to pick some levels and close at least part of your trade.
Levels for you 0.00157 (The Black Line) is a recent high and probably resistance area being tested at the moment.
0.00140 (The red line) is support, and I would exit my trades if we pulled back to this level.
0.00185 is a normal target, and I would close part here.
0.00192 is the level the first day closed. I would be looking to take most of my profits here.
If you want to check targets , you can go down 2 time frames and watch price action, for clues on direction.
Feel free to ask any questions you have below and I will try my best to respond.
Note
Hi Traders,As you can see nano has broken the read support line, I was not in this trade but I would of exited there as I mentioned above, I hope you collected healthy profits.
I would not say that Nano is over but I would certainly sit on the sidelines until we discover an entry point.
Note
ENTRY Chance on NANO, After BIG Move upHere is our first good entry point in the Pullback.
This has been a big move up. You should only enter a trade here if its your first in this move, or if you have already banked some profits.
On the H chart price has pulled back to the 50 EMA (red Line) and 38.2 Fib retracement of the whole move. We have a Decisive Buying candle forming (Closes close to the top). If this bar closes decisive, i will buy when price takes out the high of it.)
Buy the high of the bar if it closes decisive, based on current bar 0.00130
SL 0.00120
Targets Just before the red and black lines on my chart at 0.00140 and 0.00155
To make dollars your decisions need to make Senses. We are well into this move, the best is done. We can grab some profits here but control your risk.
Note
Entry on Nano now the bar has closed Is 0.00134, SL and Targets remain the same
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Lets bank more PROFITS, thats why we are here.We have hit the first target (The Red Line) . Its REALLY important to keep BANKING While BTC is leading the market all over the place.
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Did you bank Target 2 before the pullback.We did say to take just before before my line, Did you take a second profit before we turned around? If so nice work from us, Its always good to take profits in this choppy market condition
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Nano is rallying and the questions are coming piling inFoe me the keys are getting a technical base, and then confirmation of our levels.
In the Chart you can see we have bounced of a previous high and the 20 EMA. That's a good enough technical base for me.
Now i need an entry, price is around our 0.00140 level and this is the key level for entry for me. I will go down to the H or 30 minute chart and wait for the level to break, and then pullback and test from above. If i get that set up i will be looking to buy either at he pullback (Aggressive) or following a decisive buying bar bar ( Conservative).
Note
WE havent had a bar close above our level, and then come back and test from above (with a close above) to give us an entry yet. We will keep watchingNote
Forget the followers, we got on Nano First, and will get it right again second.There is a fresh Entry setting up on Nano as it bounces off Support at 0.00140 and the 50 ema (THe Red Lines). WE have a buying candle setting up and of it closes Bullish i would buy the top of it.
Entry based on current Candle 0.00146
SL 0.00139
Targets 0.00154 ( i will provide more targets)
Note
Updated chart for you
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