Possible Bull flag formation in play for NANO.NANO/BTC appears to be within a bull flag formation. NANO/BTC has performed well even in the face of Bitcoin's recent drops, and it has maintained it's current levels quite well. I've laid out a few scenario's for what I think will happen.
Scenario 1 (Green Arrow): NANO/BTC moves up from it's current position and breaks above the bull flag and begins it's march to 4800-5000 sat's.
Scenario 2 (Yellow Arrow's): NANO/BTC moves to the top of the bull flag (3550 sat's), and is rejected for again before moving back down to the bottom of the bull flag (2900-3000 sat's.) It could also move down from it's current levels (3370ish sat's) to retest the bottom of the bull flag near 2900-3000 sat's before moving up to test the top of the bull flag.
Scenario 3 (Red Arrow's): NANO/BTC heads down from current levels (3370ish sat's) and breaks through the bottom of the bull flag near 2900-3000 sat's invalidating our bull flag. Additionally, it could successfully retest the top of the bull flag, get rejected, and fail to hold the bottom of the bull flag also invalidating our pattern. We had a previous bottom around 2550-2600 sat's, so that might be an area of interest for reentry.
-I lean toward Scenario 2; as for the MACD on the 4-hour got a bearish cross-over a short while ago, and the daily MACD is moving down. The 4-hour Stochastic is also showing downward movement, while the Daily appears to be showing signs of turn around. RSI on the 4-hour and on the Daily are both fairly neutral. I think we could see a retest of the bottom of the bull flag near 2900-3000 sat's before moving back up the top of the bull flag near 3450ish. I will be watching for a break below 2900ish sat's, or a break above 3450ish sat's (estimations) if the 2900-3000 level holds and we see a bounce up to the top of the bull flag. As always, keep an eye on Bitcoin and it's price movements as well, since it can be a major influence on alt-coin movements.
--This is not financial advice or financial recommendations. Do your own research and come to your own conclusions before buying/investing. I am not liable for any losses incurred.
NANO
One nano Two cups #2Giving the market some time to mature enables us to see clarity from patterns, waves and support and resistance levels.
I have used the clone tool to replicate the parabolic cycle of XLM and stuck it infront of when NANO was dropped into Binance; due to the Bitgrail chart being unavailable. Shout out to Dalin Anderson for that tip; give the guy a follow; solid tips and a positive perspective.
Waves are looking pretty with the depression/despair phase well underway; and what i can see as a great accumilation phase for NANO.
The green box drew goes to practially zero, so unless this coin is being delisted the risk/reward ratio here is a great place for building a long position.
Potential targets : .004100 - .004650
Enjoy! Basil
$NANO Bearish IdeaAfter a terrific dead cat bounce NANO finally facing the retracement, it already did. and the it bounce again but with weak power and making wick on price actions which means the power of that direction slowly faded.
It is supported by RSI level which shows us a bearish div. Nothing more to say, looking forward for the second short-term retracement before at the end of the month.
1. -22.42% from the current level
2. -22.56% from the current level
3. -40.11% from the current level
Trade safe.
A trading opportunity to buy in NANOETHTechnical analysis:
. NANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.010041 to 0.008938), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.010041)
Ending of entry zone (0.008938)
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= @ 0.011500
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
A trading opportunity to buy in NANOETHTechnical analysis:
. NANO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. Price is in the support zone (0.010041 to 0.008938), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.010041)
Ending of entry zone (0.008938)
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= @ 0.011500
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
NANO BREAKOUT? VERY SOON...Looks like NANO may break this triangle to the up side very soon. I guess we'll see.
Nano - No Small ThingNano fell a long way due to be trapped under a downtrend that was cursed by a witch - After buying a charmed amulet from a kindly gypsy the weekly candles have held the 23.60% fib and are approaching the 1x1 Gann fib ray - If the 1x1 holds support then further gains should be expected -<><> Nano is free to send and arrives instantly just like magic, consequently proving it to be the only currency coin that makes any sense <><> For successful trading try sleeping with a small bag containing locally sourced owl sinew and dead mans hair under your pillow <><> This is not spiritual advice, do your own religion
NANO is going to correct and shows good sign for ETHNANO is one of the strongest coin in the market right now with the highest volume. But correction will happen and it is a great sign for ETH!
9374 will be the level that I am looking for to jump in Nano.
NANOBTC: fractal was broken, prepare for the breakout. Look at the volume here. I hardly can believe that after such a long fall this is merely the sell for the further huge drop and continuation of the accumulation. Ultimately bullish!
Not a financial advice.
NANOBTC
NANO followed course. My tiered re-entry in the 3300-3350 range all hit.
Now it's back into its accumulation range. Plan is the same, waiting for a break in this area.
NANOBTC
NANO tested 3600 and failed. The bounce doesn't look strong, if 3500 doesn't return I will be watching for re-entry near 3350 on a short term accumulation move.
NANOBTC
NANO - Weekly is staying directly in its support/resistance zone. I've been accumulating in this area and will continue until it breaks up or down.
With Bollinger Bands this tight and dropping like a pin, a big move is likely to come once this range is broken. Hoping it breaks upward.
$NANO- TEST, 4H : #1 (UPDATED)THIS IS NOT FINANCIAL ADVICE.
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I am trying to visualize the price action as if I were entering a position based on the data until I am confident enough to do it in the market.
These are just theories I am testing out to see what I need to adjust based on results.
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Leave me a comment if you see something I need to change, I'd appreciate it.
Nano can make X2The price made powerful up move 14 – 26 August (It was 1-st wave)
Most of the times the price moves with 2 Waves, Because big players makes money in such way.
2-nd wave started 12 September. I think the price come move to the powerful mirror level 0.000694 because there is end of the 2-nd wave.
Open a long near: 0.0003095 if you want to make x2.
S/L: 0.0002493
T/P: 0.0006566
What do you think about Nano, write it in comments please.
P.S. Push like and subscribe if you want to see more signals in the future
P.P.S. I'll write when to open a deal if this post get 50 like
Use proper risk management!
NANOUSDAfter such rapid growth and large volumes, correction to 0.618 Fibonacci should be followed and continue to the upper limit of the triangle, which is resistance. If buyers will prevail in the market, then soon we can see the asset at 0.382 Fibo level and when breaking through the resistance line of the big triangle go higher to the past ATH levels.
NANO TAGolden cross at 4 hours chart! and i draw trend base fibo you can see the target. Stop below 3500
Nano will soon breakout the bullish pennantHi guys, I want to update my previous idea.
It seems that we're inside this medium term bullish pennant and if everything goes right soon we'll breakout to some higher lvls.
My target is 42k because there's the long term downtrend there and we may be rejected and go back to retest the actual resistance at 39k that will become support.
Any thoughts? share your idea with me in the comment section.
NANO Strong support, could break out through the cloud.Nano is looking very good right now. Assimilating more.
The support is very strong at this level. The cloud is about to flip to green. With a little push, it could end up breaking up above the cloud, which would mean big gains.
FA. Nano is a great project, which has barely reached its potential. It is far below its ATH and basically a steal at these levels.
As always do your own research. I am not a financial advisor, I am a robot form the future hell-bent on assimilating humanity (and more BTC). Please always use a stop-loss.
Short Term Long NANO TargetNANO has bounce from under 40k-ish as i predicted. Now if you're late for that bounce entry, you can enter again, but really wait for the dip if you are scalper. But if you are a longer term swing trader, nano is a good choice to have on portfolio.
