NANO / USD Cup and handle on 1D
Updated
Nano showing strength after a climb back to previous resistance. If it breaks 79c, price target could move up to previous resistance at 1.15 - 1.20. 60% upside potential in the short term.
Note
Since arbitrarily drawing this line two weeks ago, Nano has basically done exactly as predicted. Now the question is, can it keep going? It's right up against the aforementioned resistance of 1.15. If it can move above this level, the next logical resistance area would be 1.40.
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.