NANO/USDT Strong Pice ActionNANO has shown some strong resilience in the last couple of hours, regaining most of the ground that it had lost during the last sell-off.
Seeing this strong price action, I see a potential for NANO to reach the ATH area again in the coming couple of days.
I've marked two areas of resistance, R1 and R2, where I expect a lot of bearish pressure to occur, watch out around these areas. Happy trading!
NANO
Nano Ready to Fly Once MoreNano has consolidated and currently volume dropping off. MFI made a higher high and rising again. Should enter our next Fib zone. Looking to sell at the $7.40 level. This one moved fast in the last bull market, and I expect the same this time around.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
NANO -Beware of the dwarf 🛩️🪂Extremely volatile, yes it could possibly fly higher after it went 4x it's value but froma technical analysis point of view there are 3 un-checked levels and most likely the price will need to drop and check them.
Then it either rebounds on one of them (consider to buy then) or sink to the next one.
Just be careful when you trade such volatility.
Would attempt a buy at 2.757
Wikipedia: Nano, formerly RaiBlocks, is a peer-to-peer digital currency. It is a decentralized, open-source cryptocurrency based on directed acyclic graph architecture, and released under the FreeBSD License. It operates without intermediaries by utilizing a distributed ledger with a block-lattice data structure
ps. NANO in Greek means the dwarf, or something extremely small. Nano is also a unit prefix meaning "one billionth". Used primarily with the metric system, this prefix denotes a factor of 10⁻⁹ or 0.000000001. It is frequently encountered in science and electronics for prefixing units of time and length. Examples: One nanometer is about the length that a fingernail grows in one second.
Nano Strong Breakout + MACD Bullish DivergenceNANOBTC (Nano) was one of the first ones to move after Dogecoin, Siacoin, and DigiByte... We have a strong breakout yesterday.
Even though we are witnessing a retrace, prices closed above EMA50 and the growth can resume in just a few days.
Strong bullish divergence with the MACD:
The RSI is above 50.
The highest trading volume yesterday since July.
There is potential for Nano to print additional growth.
Remember, a plan/strategy is necessary before jumping into any pair. It is wise and a good move that can improve your success while trading.
Namaste.
NANO/USDT Double TopAfter the 230% run-up since January 6th, NANO seems to have found its maximum for now. The resistance area around $4.70 seems too strong to breach in the near future, especially after producing a double top on the 1H chart.
I've marked two areas of support where I expect a lot of buying pressure. Support 1 being the most conservative. Do your own DD.
Crypto Keeps RunningIts crazy, the run the crypto markets have been on. Its just nuts. But its still going and going strong.
Let's take a look at a few coins.
Bitcoin
Blasting past $41k, its been mind blowing, the support behind BTC recently. Looking at our D+ indicator, we can see how overbought levels have made small dips in price over the past few months. (I like the 3h chart). But even on this 1h chart we can see the D+ cloud growing and shrinking, staying at relatively the same level. This is a good sign for growth, and that steady support is still here.
Ethereum
Just as crazy as Bitcoin, ETH has been on an amazing run as well. I wish I bought more! (But hey, who doesn't?) On the ETH chart is the Raygun script, showing support and resistance levels. What's cool about Raygun is you can see price helix around these levels, and use the colored dots to visualize which way its going next. You see all those big green dots in a row along the red dotted line? (The red dotted line is a S/R level.) Seeing all those green dots is clear support at $1170. Its been tested multiple times and continues to hold. Looking good for ETH.
Nano
This coin popped on my radar recently as a coworker of mine mentioned he is still holding a bag from 2017. I'm not sure how much he lost back then, but I bet he's made it all back and then some in this run! Here, with the Auto Fibs script, NANO is showing perfect fibonacci retracement price action. It rose up to a high, retraced back 50%, then turned to continue upwards. Now, its playing with the 23.6% which seems to be holding as support. We'll have to keep an eye on NANO and this fibonacci script levels to see how its going to behave.
All in all, this has been a crazy run. I'm still long, and of course wish I had put more in to my crypto bags. When will this run end? Who knows. its a different game being played now in the crypto space it seems.
Do you sell your bags now and run, locking in your profits?
Or do you hodl and wait to see what happens next?
If the latter, just be sure you have a good script or indicator you trust to alert you to get out when things turn. I'm still in...and watching these scripts closely.
The Great NANO Breakout - Part 2NANO has taken 4 months since my original post to start making some new highs, and 7 months since the break of the long term downtrend. Not what I was hoping for originally, but there just wasn't enough interest in the crypto market at the time. Here is the original post from August:
Since then, WeNano has exploded in popularity, and the fast, fee-less cryptocurrency is starting to shine. I never underestimate the power of community and pure belief. Look at organized religion. This human tendency is what has allowed NANO to survive and build price support for so long. Even though the last breakout failed, it continued to find support around $0.70, which is what I was looking for to remain bullish longer term. It's only now trying to break out of this range. If NANO can break this rising resistance (pink) I think it can fly to some levels not seen since 2018. The first stop would be in the $3-5 range. On the bearish side, I don't want to see it break back below $1.10 and sustain. I suppose there's also room to fall to the pink uptrend if the rest of the crypto market corrects hard soon. And if it breaks down from the rising wedge, that wouldn't be good at all.
Generally, breaking up from a rising wedge formation is extremely bullish, as it proves the higher highs and higher lows were aggressive accumulation. A rising wedge breaking UP is even more bullish than an ascending triangle. Likewise, a falling wedge or falling channel breaking DOWN, just proves that sellers are far more aggressive than buyers.
I do think NANO fulfills every promise of what Bitcoin was originally meant for. To me, Bitcoin is Marxist in principle but capitalist in execution. You're owning the means of production, but by design it thrives within the capitalist system. It's a self-defeating, but incredibly profitable asset. Certainly better than dollars and gold, but more dystopian than utopian (in my opinion). It's a bit better than our current monetary system, but not by much.
When you look at NANO, it has a limited supply, but since it's pre-mined, there is no capitalist infrastructure around coin acquisition and creation. Instead, it's completely distributed. It's socialist in principle and relatively socialist in execution. Just look at the community and the WeNano app, and observe all the spots around the world where you can donate and collect free NANO. Of course, there will always be people with more financial resources who can own more NANO, but I think it's the simplest, easiest, fastest, and cheapest cryptocurrency with some adoption. XLM is the only coin on par with NANO's speed (of the ones I've used), and it requires a MEMO, along with an address. This added step increases the amount of time it takes to complete a Stellar transaction. With NANO, all you need is the address. I certainly see the argument for Bitcoin, and I won't really argue with Bitcoin Maximalists. There is certainly a point there. But people can have different views on how they think the future of money should be.
Things aren't ALL rosy for NANO though. It's only now starting to look bullish against the USD, and it may just be late to the party if Bitcoin tops out soon. We'd need momentum to keep building within the entire cryptocurrency market. It's also looking pretty terrible against Bitcoin, though just barely back into the long term falling wedge. I won't consider a reversal against Bitcoin until it triples in value from here
I also think with XLM doing well, we can see some more capital flow into NANO, which is simpler than Stellar, with a much smaller supply to boot. I don't underestimate greed here either.
Anyway, this is only my opinion. My writing should be used for educational, speculative, and entertainment purposes only! This is not financial advice.
-Victor Cobra
Got lucky again - bought NANO just before the pump !!This one is looking very good technically.
Nice huge inverse H & S formation.
For some reason, I bought it this morning just before the massive pump.
Nano Bullish Breakout, Indicators & 60% TargetsNANOBTC just started to move strongly today with prices staying above EMA21 and EMA10.
The trading volume is starting to increase.
Let's have a look at the indicators for NANOBTC...
We start with the MACD:
Here we have higher lows and the MACD (blue) line trending higher.
The histogram has gone green.
Now, the RSI...
We only need to look at a few signals on this one:
The bullish divergence here starts only after 5-Nov.
It is now trending up strong.
It looks really good at 58, can continue higher.
I marked the next targets at EMA300 and MA200, which is the 0.00000895 - 0.00000863 price range.
If we look at the current price, that's about 60%+ of potential profits.
Thanks a lot for reading.
Namaste.
NANOUSDTNANOUSDT
Buy in the area of 0.946 - 0.844
1 - 1.022
2 - 1.130
3 - 1.270
Stop, fixing below 0.8
✅ f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
NANO brealing out - UPWARDSNANO is in an extremely wide channel, pulled up and down on Bitcoin's coattails.
But in its own right, sentiment has changed since March 2020. It's now *extremely* positive.
It's on the way up again - and can, as we saw in December 2017, and again today, with a 10.5% rise, move very, very, very fast.
It remains THE cryptocurrency which:
- Is the least inflationary (0%)
- Confirms the fastest (110 milliseconds - sometimes even 30 milliseconds!)
- Has the best decentralizing Game Theory
- Has the lowest fees (none)
- Is 2,000,000 times more efficient than Bitcoin's PoW (Proof of Waste)
- Has the least scaling limitations (v22 tested on testnet to 1465cps, rising with better hardware and network connectivity)
- Has wallets with the best UI and the best UX (no fee field necessary on the 'Send' screen, obviously)
NANO Good Setup, Trade with Stop LossNANO is looking good here. NANO respecting the support zone and bounced back from it. NANO is one of the most hyped coins during the 2017-2018 alt bull run and has a big community. We see a good move in NANO soon. All resistance zones are given on the chart.
Buy Range: 5350-5500
Target: 6500-7200-7750-8400-9000-9850-10650-11800-12900
Stop Loss: 4950
NANO vs BTC - - - NANO Taking off soon. Time to go LongNANO is starting to move. About to go up about 30% or more.
NANO Buy the dip.Nano - Intraday - We look to Buy
We look to buy dips.
Daily signals are mildly bullish.
Dips continue to attract buyers.
Our bias remains bullish and further upside is expected to target resistance at 1.290.
Our profit targets will be 1.292 and 1.394
Resistance: 1.215 / 1.290 / 1.400
Support: 1.150 / 1.050 / 0.960
NANO on discount - 25x aheadThere's no question to whether or not solid coins with good fundamentals will reach their previous all time high and go even higher with a new bull ( fomo ) cycle. That makes NANO the most overlooked gem in my opinion.
The coin went down by 95%! That's a 2100% increase to meet previous all time highs! I couldn't find a chart that precedes February on tradingview, other pages show a top at $33.69! That would be a 25x increase to all time highs!
There's strong support at 0.645. Unlike many other coins NANO has just started to make a move and is not even at half or a quarter of it's previous high. The best time to get oneself positioned before the retail fomo kicks in.
This not financial advise, before making any decisions do your own research.
NANO/USDT
NANOUSDT (1H CHART) Technical Analysis Update
Support Breakout
NANO/USDT currently trading at $1.16
SHORT Entry: After Support line Breakout in 1h chart( Enter short after 1-hour candle close below the resistance level at $1.14)
STOP LOSS ( support): 1.29
Support level (Target) : $0.92
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
NANO - Buy the uptrend. Nano - Intraday - We look to Buy at 1.063 (stop at 1.019)
Trend line support is located at 1.050.
We look to buy dips.
Short term bias is bullish.
The RSI is trending higher.
Our profit targets will be 1.194 and 1.275
Resistance: 1.200 / 1.280 / 1.400
Support: 1.110 / 1.050 / 1.000
NANO BTC Breakout - NANO BITCOIN NANOBTC NANOUSD NANOUSDTNANO BTC Breakout - NANO BITCOIN NANOBTC NANOUSD NANOUSDT
✳️Nano/USDT (17/11) View + Trading Plan #NANO $NANONANO is still moving sideways in the range of 0.7-0.9$ from September until now. So our plan is to buy close to 0.7$ and sell close to 0.9$ and will cancel this sideways plan if NANO closes the 1D candle outside this zone.
If the NANO breaks through the 0.9$ zone, it will strongly increase to the 1.2$ and even 1.4$ zone
But if it falls off the 0.7$ zone, it will plummet to 0.4$ and even 0.2$.
📈BUY- LONG
-Buy: 0.65-0.7$, stoploss if B
📉SELL-SHORT
-Sell: 0.9-0.95$, stoploss if A
-Sell: 1.15-1.2$, stoploss if A
-Sell: 1.4-1.45$, stoploss if A
♻️BACK-UP
-Sell close to 0.65-0.7$ if B, stoploss if A
-Buy: 0.45-0.5$, stoploss if B
-Sell close to 0.45-0.5$ if B, stoploss if A
-Buy: 0.2-0.25$, stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"