NANOUSD Descending Triangle or Cup & Handle?
Descending Triangle (shown in white) is bearish, and currently 75 cents of Nano look like 6000 support Bitcoin had before breaking down. If this is correct, Nano could end up going to 2-15 cents region (previous support levels).
On a bullish probable outcome, we could be looking at Cup (shown with green) & Handle (shown with blue). Decline under 73 cents will invalidate that possibility.
On a bullish probable outcome, we could be looking at Cup (shown with green) & Handle (shown with blue). Decline under 73 cents will invalidate that possibility.
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