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NANO

NANO and Wednesdays. Theres a lot going on in this chart but it all seems to hold some insight. The down trend seems to be slowing down. But I'd expect one more small dip to be made before it breaks the diagonal line. Once broken, it could still go down to $1.41 but it may also follow the dark fib resistance arc. Finally noticing NANO's association of Wednesdays over the past four weeks by looking at the green sine arcs at the bottom, it seems to either be at its biweekly low or its biweekly high. If this is the case, then, this also validates a smaller drop very soon before reaching higher for the following Wednesday. Not sure how long this cycle will last but could be used to trade. If of course nano breaks the $1.37 mark, then this chart becomes invalid. Keep an eye on BTC as well, since alts are naturally pegged to it. Short term long while valid. Buy dips. Good luck and use a stop lost!
NLong
by quantacake
Is $NANO The Next $BNB / $BAT / $RVN?$NANO/BTC looks like it has been forming the perfect base for an imminent parabolic surge . Notice how pressure has been building while nearing the 0.5 Fib during the last 3 weeks. Both price strength and volume seem to confirm. What's more, when pressure started to build at the beginning of this month, OBV broke the zero line into positive area and is now already at the same level as the August 2018 high, while price has yet to follow. First target is the 100% Fib level at the August 2018 top. The blue curve line reaches that level by the end of June 2019. At that point a correction might occur, forming a handle for the cup. That said, I expect price to stay above the blue curve line and even deviate away from it once this cork pops. In that case we'll probably break the August 2018 top and hit the 1.272 or even 1.618 Fib level before a major correction occurs. If NANO can confirm its strength and trend during the next couple of weeks, its future surely looks bright towards this year's Q4! This information is not trading advice, but for educational purposes only.
NLong
by TaoCrypto
A trading opportunity to buy in NANOBTCTechnical analysis: . NANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0002900) Ending of entry zone (0.0002240) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000360 TP2= @ 0.000423 TP3= @ 0.000497 TP4= @ 0.000570 TP5= @ 0.000727 TP6= @ 0.000912 TP7= @ 0.001097 TP8= @ 0.001360 TP9= @ 0.001696 TP10= Free
NLong
by ForecastCity
2
A trading opportunity to buy in NANOBTCTechnical analysis: . NANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0002900) Ending of entry zone (0.0002240) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000360 TP2= @ 0.000423 TP3= @ 0.000497 TP4= @ 0.000570 TP5= @ 0.000727 TP6= @ 0.000912 TP7= @ 0.001097 TP8= @ 0.001360 TP9= @ 0.001696 TP10= Free
NLong
by ForecastCity
4