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NANO

NANO ANALYSIS (NEW LOW + NEW REJECTION POINTS!)NANO ANALYSIS NANO is another coin which recently hit a new all time low. This looks to be creating a brand new support zone as well, its not confirmed until we see a double bottom. For now, it looks like a daily green wick is holdin, supported by a strong oversold exhaustion by sellers. I expect a short term pump up to the new daily resistance at T1 of 820 sats, followed by the top of the resistance zone at T2 of 880 sats. This zone is KEY! If this is broken we will look for rejection at the 50 MA which recently crossed bearish below the 100 and 200 MA. If this zone is rejected look for a double bottom back at 750 sats. Considering this support is very new, both rejection points could bring in a further low, so long with positions and take profit at key resistance levels! Possible Entries: 780-790 sats
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by altchicasignals
2
Nano's Correction Coming To An End | 65%+ Mid-Term More When...I noticed that reversals for Nano can be violent, while the bullish waves can go really fast but pretty strong, so high profits. Here we have NANOBTC on full correction mode, hitting what looks to be the bottom of it. Right now sitting on a higher low, NANOBTC has an RSI that is weak reaching oversold levels. The 0.786 Fib. retracement support of the bullish wave since the September low was hit has been activated, while the bear volume has been really low. Another strong signal telling us that NANOBTC might have found support. As seen by the long green arrow on the chart, there is potential for a strong bounce here. Bear action If prices move lower and close below the last low at 0.0000890, many of the above signals lose their strength. Strong support can be found at 0.0000822. It looks like the altcoins market is going to have a great beginning in the year 2020. Wishing you great success and profits in the year 2020 and beyond. This is Alan Masters. Your friend. Namaste.
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by AlanSantana
1
NANOBTCAs of now the bias across the board on ALTBTC pairs is bullish and is indicated on the most recent video on youtube (youtu.be). As of now a new weekly candle is going to be starting which will determine the probabilities for making either a short or long trade. As of now there is no obvious long positions that have a favorable RR ratio for futures account however my bias is long to the point of initial divergence which is one of my rules indicated on the chart. If the week starts on a bearish note that only means that it is saving its RSI strength for the end of the week much like it does on the 1&4hr charts on MANY different pairs. We must just apply the same market theories that we see manifested regularly on the higher time frames and apply them to the daily and weekly charts. This is why its important to know how and where things start relative to previous price action to be able to map the markets as indicated here. That being said I dont see am immediate obvious futures trade but would hold the "physical" just in case the dominance is indeed ready to take a dump. Its going to be an interested next couple of weeks in the alt market if my bias is vindicated. Check back in several days and comment to see if the bias was correct and how accurate the mapping was. God Speed Gents, Mr. Manbearpig
NLong
by MrLucifer7
NANO - On Support, Potential for 40% Move!I've got my eye on NANO against BTC. There appears to be support on the price action as well as the daily MACD. I think there could be great potential if the price starts to head north. Forgive the zoomed out look. I wanted everyone to know where my support and resistance levels were coming from. Given BTC's fragile/bearish state, keep it in the back of your mind during this trade as it could make it go south. However, I'm entering here with a tight stop loss below the support level. I'm hoping that if BTC can hold things together, we could be in line for very big gains.
NLong
by jpbrown1023
4