NANO - Most likely rising sooner than later
Updated
Updated analysis on NANO, looks unlikely to break below the support at 6.0 and fill out the XABCD. Monitor for large candles breaking above the wedge or below the 6.0 support.
Blue path most likely - break through the wedge and then likely bounce off that trendline as support.
Purple path still possible, a retest of 6.0 and then a decision at the end of the wedge.
Red path unlikely but would represent good buying opportunities for those who are bullish long term.
Blue path most likely - break through the wedge and then likely bounce off that trendline as support.
Purple path still possible, a retest of 6.0 and then a decision at the end of the wedge.
Red path unlikely but would represent good buying opportunities for those who are bullish long term.
Comment
Blue path.And looks like we've already crushed through 7.0 and tested 7.5!
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