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NANO

NANO! BULL RUN ALMOST UPON US?So our supports held but weren't enough for a reversal. Which leads me to give a new count, and our red trendline is in the wind. SO WHEN WILL THE SELLING STOP?? ANSWER: The highest probability target always for an abc correction down, Is that C is most likely 100% of A = 1:1 extension. And since when have our A&B which are in, we have targets to pull from. And when we do, we find PERFECT confluence with our lowest point (Red horizontal trendline / APRIL REVERSAL) before we began trending up. Which adds more evidence to our A&B having completed, and now we're on our final leg down to complete our C. EVIDENCE FOR OUR 5 WAVE COMPLETION = Our waves 3 & 5 have hit their respective 100% and 161.8% targets. GOOD NEWS? : Well because our 5 waves are in, it becomes a big wave 1, which means we can do a fib pull for ALL of this big wave 1. And what we find, is a lot of correlation between that fib pull, and the trend fib pull from our waves A&B to find our wave C! So we would target a 1:1 extension for our C, except, the odds of hitting the 1:1 in this case for our C gets DRASTICALLY SMALLER, because 2 cannot fall 100% of wave 1! SO our chances of a bounce here right now, at the 0.618 pull from the A&B goes up, BECAUSE we find its correlated with the 0.786 target of the entire wave 1! WHICH IS THE HIGHEST PROBABILITY TARGET for a DEEP 2 (purple 2) retracement! Will we bounce here? Maybe? But we also have to remember when we are doing our analysis, that everything always goes back to being nicely correlated with the BITCOIN CHART which had a nice NEWS RELATED DUMP which triggered a dump on our NANO chart among other charts, which led to us breaking OUR RED TRENDLINE SUPPORT ON MY PREVIOUS CHART.
NLong
by Etsua
4
NANO = Simple Setup and Possible GAINS 5/10/18NANO simplified on the day chart has developed a symmetrical triangle and is near a good entry point for low risk. Positives - Symmetrical trianlge form confirmed, 20ma is over the 50ma, low risk entry and long term possible huge gains. Negatives - MACD, RSI, Stoch RSI going down direction right now but requires huge movement to see effect on day chart. Education purposes and remember to respect your wallet :) BINANCE:NANOBTC BINANCE:NANOETH BINANCE:NANOBNB BINANCE:BTCUSDT BINANCE:ETHUSDT BINANCE:BNBUSDT
NLong
by UnknownUnicorn2494800
NANO BEARISH COUNT NEAR COMPLETING Here is my bear count, which is almost in, as it looks like we have almost completed our "bullish" triangle correction pattern, that is on its final leg down. I think my first target may be too weak to hold, but wether we bounce now or at the red trendline, we should be seeing a bounce soon. Id be watching for a bounce off the red trendline, to gage a good entry. However there is still the possibility we could break through the red trendline, then id change my count, but that is highly unlikely. **Not financial advice, just sharing what i see" Cheers
NLong
by Etsua
NANO / BTC = Falling Wedge Low Risk Entry 5/10/18Whats up Yall, NANO is looking good for a low risk entry at the bottom of this falling wedge, which is a bullish pattern after a downtrend and very reiliable pattern. Positives - Wedge pattern is bullish pattern, low risk entry of this pattern, bullish divegence on MACD, overall bullish on Klinger Oscillator and Stoch RSI almost form bullish divergence. Negatives - Downtrend, high volume sell off, BTC had big bearish candle, has wicked off the support of the channel and possibly closing below. NANO can have huge gains but we need to have a change of direction with higher highs and lower lows. Have fun, Be Wise and Respect your wallet :) BINANCE:NANOBTC BINANCE:NANOETH BINANCE:NANOBNB Bitcoin = BINANCE:BTCUSDT
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by UnknownUnicorn2494800
NANO - ready to test Feb high at 17K - 90% gain risk/reward 1:13Good day traders, Here is another easy win. As you can see Nano has corrected nicely off of its high, back down to the .786 retracement from this last impulse wave 1 of (3). Currently it’s being supported by the structure trend line as well as the 200 MA on the 4hr. If NANO can find the strength to push above the key pivot at 8618, we’ll be looking to soar to new heights. This is a very classic Elliott wave trade where the 2nd wave corrects to .786 of the first wave which signifies the third wave to be at least 2.618 of the first wave. In this case, this 2.618 expansion target happens to be a confluence with the high from February! Hrm… I think we’ve got ourselves a nice trade setup here. Remember that a break below the structure trend line or the 800hr MA, this idea is dead in the water. Entry 8150 or above Stop 8075 or below 800hr MA Target 17K, start taking profits from 14K and up R/R ratio: 1:13 Duration: roughly 1 month As always, good luck and stay safe! Kinashi San *For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
NLong
by Kinashi_San
NANO BULLISH COUNT **FINAL UPDATE**Here are our final two supports, if we do a fib pull of wave 3, we are still sitting around our 1:1 target, which is also the 78.6% so we have confluence there, however we have just gotten another stab down, so rounding bottom goes out the window. Our final target is the 88.7% until the trendline then new lows. We'll see how we play out, but If we fall any lower, ill have to start thinking corrective instead of impulsive and change my count. **NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
NLong
by Etsua
4
One nano Two cupsFairly loose Idea but combined with a few indicators such as MA 200/50 for the parabolic XRB rebranded; RSI and the good old fractals; we can see a pattern emerging in the way of a impulsive falling wedge with a pretty inverse curve to match, to add to the bigger picture of what could well be a large C&H forming. scrolling twitter i saw an ''OG'' mentioning the coin will not do well due to the Ticker. this made me suspicious, so i sniffed the joint out. This could take some days to develop due to accumulation and corns uncertainty and may fall through altogether but areas im watching will be the Blue arrow for support and yellow for direction. Im more interested in this setup than ETC right now, lets see if it pays off with figures to boot
NLong
by Basil13
2
NANO BULLISH COUNT **UPDATE**We're coming up to our final support, and if we are to trust the theory, we should bounce off this point. The point being the 1:1 extension to complete our ABC down for wave 4, which would line up nicely with the fundamentals (Colins livestream, Binance Comp, and the Nano Wallets), but nano has seen extremely strong selling pressure, 2 steps forward, 3 steps back. BEAR SCENARIO: If we do break below the 1:1 for our "C", we may travel right back to our trendline (red line), and if we break through that then NEW LOWS. BULL SCRENARIO: Trust the theory, 1:1 bounce as I am expecting we should, hence why in my first Nano chart I give a range (green box) in between the 50% and the 38.2%. The 38.2% finds perfect confluence with our 1:1 ABC pull down, as shown in this chart. Finally we are beginning to round out...unless we see another parabolic stab down, but at this point we're rounding out, hence my curvy arrow to send us back up.
NLong
by Etsua
[NANO/BTC] NANO: Binance Competition Wash-Trading?NANO What a rough last week! Competition Time: 2018/05/04 0:00 AM to 2018/05/11 0:00 AM (UTC) Users will be ranked in terms of the total NANO volume traded on their Binance account (including both Buys and Sells) across all NANO trading pairs during the competition period. 1st: receive 6,000 NANO 2nd: receive 4,000 NANO 3rd: receive 2,000 NANO 4th-53rd: evenly split a pool of 3,000 NANO *All trades that we deem to be “wash trades” will not count towards your trading volume for this Trading Competition.* So since the competition was announced, it seems as though people did exactly what Binance made a rule against, NO WASH TRADING. However, it seemed to have happened anyway , with bear whales pushing the price down slowly and horizontally. What I thought would be a much bullish week for NANO, ended up being quite rough and blood-thirsty. We are now seeing something more of a double-elliot-wave (W-X-Y) correction that has been formed. The sad part about this is that wave 4 broke down past the support of wave 1, which means to me, a much less bullish outlook for the near future. However, we're still not near the ATH for NANO and I do think we will break it this year, just not this week or next. I'm hoping we can gain some good support at the region its at right now, perhaps forming some kind of inverse head and shoulders pattern with some magnificent gains to be made. Not to mention whatever whale that wins this competition will probably enjoy busting the price up of nano to maximize their gains, before dumping it. COMPETITION ENDS 5-11-18 So lets get ready to see some bullish action with some bullish sentiment on NANO for some massive gains by the end of May! Happy trading! CoinMarketCap NANO
NLong
by dansharp