We also had a similar triangle early 2018. NANO usually goes down after a flat triangle and up after a downward one. So it is likely to go up soon. It has been testing the resistance a lot the past few days , with theses minipumps.
Note
Note
So... Fingers crossed. Let's see if this pump holds.
Note
Yhe bottom line of the triangle seems to have become a resistance. So maybe that means it was accurately drawn. Which could mean we should see a move this month.
Note
Well the previous triangle in purple could be redrawn to include properly earlier bottoms. In this case at the end of it, there would be a break of the support liek what we are seeing here. Scary though. Because we are flirting with the 'all time' low. This can't be a good sign.
Note
Note
By the way, the duration of this period under the support should be 2 weeks.
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.