Nanobitcoin
If BTC runs, Nano partiesIt is squeezing up against the ceiling and has attempted to break out a couple of times prematurely. It's a stinker
Nano (NANO) Trading Setup & Momentum (with Breakout)What Is Nano (NANO)? Well, I don't think NANO needs any presentation, but let's do it!
Billed as "digital money for the modern world," Nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.
Development of the project began in 2014 under the name RaiBlocks, and the coin (then termed XRB) launched the following year through a public faucet, which allowed users to claim small amounts of XRB after completing a captcha challenge. Users were allowed to complete as many captchas as they liked to increase their words — effectively trading their time and effort for XRB.
RaiBlocks (XRB) was rebranded to Nano (NANO) in January 2018, with the new name chosen to better represent the speed and simplicity the project offers to users.
It is a peer-to-peer platform that uses a unique block-lattice data structure to allow users to easily transfer value to one another without relying on centralized intermediaries.
Unlike other platforms which typically use the combined proof-of-work of a massive mining network to achieve consensus, Nano instead uses a system known as Open Representative Voting (ORV) — which sees account holders vote for their chosen representative, who then work to confirm blocks of transactions securely.
ORV makes Nano extremely energy efficient, positioning it as a more environmentally friendly alternative to proof-of-work (POW)-based cryptocurrencies.
Why trade this?
I consider NANO a top 10 project and there's nothing that can make me change my mind. You can have set up of :
1. Either wait for the breakout as explained in the chart.
2. Trade in the channel and wait for the breakout to happen.
Current closed trades (with success!):
Chiliz
Digibyte
BAT
SC #1
SC #2
SC|BTC
StormX
Perlin
For details comment at any time!
Don't forget to hit the like and follow button if you find this helpful!
NANOBTC - Bullish DiagonalOn the daily and 240 -minute charts, the downtrend is broken, and we are waiting for the price increase.
The interesting point about this chart, is the Diagonal pattern which has formed in the 60 -minute chart.
The first ascending wave is completed in the range of 0.0001216 and its corrective movement is finished in the form of 3 waves with the Diagonal pattern in the range of 0.0001061.
By crossing the price from the range of 0.0001129, the first target can be in the 0.0001582 area.
NANO- Breached resistance, ready to fly...or?Unlike Litecoin finding strong resistance and TRON finidng mild resistance, NANO seems to be breaching the critical resistance level, coming back to check it as support and keep on rising.
Promising technical behavior for a rise further higher up but be careful... everything is rising, hope it's not just fireworks fellows.
Technically? It's a BUY
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 BTC Breakout - NANO BITCOIN NANOBTC NANOUSD NANOUSDTNANO BTC Breakout - NANO BITCOIN NANOBTC NANOUSD NANOUSDT
NANO BTC Breakout - NANO BITCOIN NANOBTC NANOUSD NANOUSDTNANO BTC Breakout - NANO BITCOIN NANOBTC NANOUSD NANOUSDT
NANO/BTC - Bullish TriangleNANO/BTC - Bullish Triangle
Enter on the breakout or if there is a pullback enter in the green circle.
Cheers my friends...
BINANCE:NANOBTC
Symmetrical Triangle on NANOHello, traders.
NANO is possibly forming a bullish symmetrical triangle, In the green box I believe it is a good buying zone for this asset
The symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
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NANO/BTC , Increase or decrease? What do you think?Purchase opportunity at 11
A very sensitive point to keep or sell: 13-14 more than 25 percent profit
Falling to 10 (According to the chart and the average of 100 days) or increasing to 15-16 (more than 40% profit)
This is just a suggestion.
#NANO/BTC Potential 102% Profit. Breakout+Bull FlagWelcome to this quick Update.
Let's get to the chart.
Why am I bullish on NANO?
1. Breakout of the Falling Wedge pattern.
2. Breakout of the long term (ALMOST 349 DAYS) Resistance.
3.BULL FLAG in daily.
4. Golden Cross (50D MA crossing over 200D MA)
ENTRY:
1132 TO 1155
TARGETS:
1458
1892
2156
Stop Loss: 1082
This idea is not meant to be a financial advise.
Please do your own research before investing.
Other alts which can still rally: QKC, WABI, ZEN,GRS and many more. Check my other ideas.
If you like this update feel free to leave a like and share your opinion in the comment section.
Stay safe
#PEACE
Nano MACDNano is currently in a downtrend, as shown by the parallel channel
The macd can be shown to be displaying similarities to previous movement within the channel
I wonder if we will see a dip again before the rise
There is also a bullish divergence on the MACD
NANO/BTC (Pattern breakout?: up to 60% profit)NANO/BTC
NANO broke the trendline resistance and painted a bullish divergence on the RSI condition.
If this breakout continues, our upside target is up to 1200 sats area and stop-loss below 690 sats.
NANOBTC formed bullish Shark | Upto 44% move expectedThe Priceline of World's 52th ranked out of more than 2300 cryptocurrencies NANO has formed bullish Shark pattern and entered in potential reversal zone and ready for bullish divergence at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of NANO price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
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As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.0000886 to 0.0000793
Sell between: 0.0000966 to 0.0001149
So this trade has potential to produce upto 44% gains.
Regards,
Atif Akbar (moon333)
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
NANOBTC touched the pennant support | Upto 409% expectedThe priceline of Nano / Bitcoin cryptocurrency is moving withing a pennant and touched the support of pennant after Aug 2018.
After hitting at support the MACD has turmed weak bearish from strong bearish.
The RSI is oversold and moving up.
Soon the price action will hit the sell targets insha Allah.
The sell targets are:
Sell between: 0.0002730 to 0.0004652
Regards,
Atif Akbar (moon333)
NANO BULLISH$NANO
I'm bullish on NANO. CCI crossed green on the daily, nice volume coming in.
I think we'll see a move up to the mid 1400's, perhaps mid 1600's if the move up is strong enough.
Nano/Bitcoin (June 16) #NANO $NANO #BTC $BTC#BUY
Current Price : 1716
Buyzone : Close to 1670 as possible
Sellzone : 1875-2165
Holdzone : 3550
Stoploss : Under 1600
NANO back down to accumulation rangeNANO has dropped back down to its accumulation range and looks ready to run again
If BTC grinds slowly lower, alts could see major moves