Hello you all!
I hope you are all well.
For the last 4 days, we saw the price of NANO USDT decreasing and this gives me a good fractal to grab hold to.
What I mean is that at the beginning of the last cycle we got a succulent dip which culminated in that nice pump we saw 16 apr `21.
After the dip the price raized and then we saw a dip of about one week before the pump.
Right now we saw a dramatic dip which may indicate that the cycle may repeat, at least at some level of similarity.
Alright. So now we are on the 4 day of the dip, but it seems to me like this movement is a bit more extended than the last one, which means that it could take more than a week for the dip to dip before the potential pump.
These last 4 days of going down gave me a good target for me to place this fractal a little more accurately.
I like how the fractal fits the automatic fib fans by DGT available for free here on trading view.
I hope this was clear enough hahaha
Nice ride you all.