Updated
NANO WILL IT BREAK OR NOT?

I think a lot of people aware that Nano is right now pretty undervalued and it can breakout its downtrend, or maybe it can't we will see.
Note
First attempt failed i will wait for next try to good setupNote
This can be good buy opportunityNote
Second attempt also failed. ( For the record)Note
Still doing good so farNote
4360-4370 is good final target i think i dont see beyond thatNote
For nowNote
I think it wants to go to 4475Note
People are crazy they don't want to buy at 4050 and when price comes to 4300 suddenly they want to buy nano and racing with others :DNote
Nano was wanting 4475 but 4475 was not wanting nano. That was sad story but i was only watching it from neutral percpective :DNote
May be it can try one more time if we can get upmovement from bitcoinNote
4475 reached at this try.Note
I am seeing bearish divergences. Price is 4450.Note
There is no TA for whales. They are aware that nano is undervalued and just keep buying.Note
4700 reachedNote
Next target 5200Note
But for this it should stay above 4730Note
We are under 4730 for now so here is my plan. I would buy if it comes to 4500-4300 range with 5200 target. And then wait for the 4730 with 6000 target.Note
But problem is depends on Bitcoin bear market can stay more. If Bitcoin continue to drop you can't trade with only looking to altcoin chart.Note
For the bear scenario we can drop and drop and drop :DNote
Nano can move with Bitcoin watch closelyNote
OMG moon boys panic selling too hard. If you are not buying when price 4050 and then fomoing after 4300 this is what happens next.Note
That was too much selling i have looked for the news and yes it seems like there is a bad news. Wallet problem i think.Note
It doesn't seems like a big deal. They patched it quickly.Trade closed manually
BTC made his movement.As i wrote in my BTC analysis it should have stay above the yellow area and failed to stay there. At this point it is risky to trade Nano.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.
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.