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$NANO - turn my nano bags into giga bags plsTechnicals: $NANO - we have it in the lows of its present range with two patterns, both of which could be bullish Looking for a break and retest of the pennant to add, also the pink line Then it targets mid range and the white downward trendline, which a brake off will really give some good momentum No bearish or bullish divergences that I could see, but the 1D RSI just sat completely flat on 49-50, and the candles being bought cleanly bottom of range, surely time to go! Fundamentals: What Is Nano (NANO)? Billed as "digital money for the modern world," Nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies. ORV (open representative voiting) makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies. (coinmarketcap)
NLong
by InvestmentsHub
VeChain is Retracing 15/02/2021VET was ascending in a channel before its shoot-up and now it seems to be retracing back for a while, we can be optimistic about its rally if the specified Green Support Area stands, Green Support Area has confluences with Fibonacci Golden Zone and top boundary of the same Ascending channel. The retracement also can be channeled for better understanding and our Longing preparation. I think it is a wise decision to wait and watch the price to fall and touch the 0.04366 area few time and then opening the Buy position. we can target the 0.07750 as the support stand and the rally restarted. please post your analysis in the comment section...
by BitonGroup
11
Venus (XVS) DeFi Play on Binance Smart Chain (BSC)Hi Folks, after a longer period of focusing on my trading I am back with some ideas (see also the similar post on CAKE - PancakeSwap linked below). Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees. Venus is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin (BNB) and XVS price surges. . I have produced these four views on Venus for you to use / copy if you'd like. Top left is the USD chart. XVS has lost 30% of its value and if you believe in it being currently the better (way less expensive) exchange solution compared to UNI, MAKER, SUSHI & COMP then this just may be a good time to start or extend your position. Bottom left is the EUR chart. Top right is the Venus vs. Uniswap (UNI) ratio. This ratio shows that Venus has been losing value against UNI, but it appears a support level may be forming for it to attack UNI again. At the time of writing this a level that seemed to be stable was crossed. To be watched. Bottom right the same style ratio with SushiSwap (SUSHI), same view as on UNI. Looks like a support level is forming. Venus is number 5 in the dappradar rankings in terms of total balance and has had a steady but bumpy growth in terms of volume, users and transactions over the last 30 days. With Bitcoin likely taking a breather today and tomorrow below $60k and only maybe sneaking up to $60k next week there seems to be a likelihood that the overall market will be drawn down as well. It may also be the time for altcoins to shine and may give Venus (XVS) an opportunity to catch up with UNI and have a fantastic gain. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Long
by CarpeMomentum
$XRP - UK say it isn't a security!!! Get inUK Treasury has came out and said that XRP is not a security and it came under another brand of asset, 'unregulated tokens' "In December 2020, the U.S. regulator filed a lawsuit against Ripple, which alleges that its ongoing XRP token sales constitute an unregistered securities offering worth $1.38 billion." "Meanwhile, Ripple CEO Brad Garlinghouse insists that XRP is not a security even by U.S. standards." - (CryptoBriefing) So XRP is unlikely to be called a security now but the continued scam selling completed by the CEOs is probably now the issue as this isn't allowed with stocks/securities, but this is a crypto not a stock or a security so it's still up in the air However chart looks pretty good to me This downside move looks very forced, with SL hunts taking place below 2019 High If this is a short lived move it will be classed as a deviation from the top range which is above the 2019 high If so a breakout play from a descending triangle looks likely with a push back to 0.62 on the cards However we need BTC strength/ranging for this which is skeptical. It seems people are rotating into BTC out of alts, BTC dominance up, but BTC price isn't rising with it which got me a bit spooked XRP plays from the SL hunt levels could be very nice if we get BTC strength!
by InvestmentsHub
6