NANOBTC
Nano Daily TrendCharting idea from the 3-31 youtube video :)
coinmarketcap.com
nano.org
nano.org
Notes on Nano
Each account has their own blockchain, With Nano, each account has their own blockchain as part of a larger directed acyclic graph.
Each individual user provides the computational power for the verification of their own transactions, meaning entire network is not required to update the overall blockchain.
Wallets pre-cache the anti-spam Proof of Work for the next transaction once a transaction is sent, making transactions instantaneous, as both sides have the proof of work ready to go.
Running a node costs next to nothing, Because the protocol is incredibly lightweight and running a node costs next to nothing, Nano’s transactions are processed with no fees.
One transaction fits within a single UDP packet, and transactions are handled independently, eliminating any block size issue.
NANO THE SLEEPING GIANTNano (previously RAIBlocks) has very promising block lattice technology, making it way faster than all other ordinary blockchains (and zero-fee). The recent volatility that has been sweeping across the complete crypto-sphere has without a doubt had a negative effect on it, however, I believe things are about to change for NANO.
I am seeing an ascending triangle in the short-term (dotted white line triangle) as well as as what is known as the death cross coming up to its apex around April 1st. What will happen long-term I cannot foresee, but what I can say is that given the technology that NANO is showing and crypto's historic behavior; I believe this is an asset to go long on. Whether you or anyone should go long or not NOW, will be determined by what happens on April 1st. If we see the price of NANO drop below .00079 it will inevitably recede to its previous low of .0006029 before beginning a new bull run that will potentially bring the price up to .0015549. However if the bear movement is broken and the bulls come out to play pushing the price up when we reach both apexes, I will personally jump in and pickup a whole new batch of NANO at around .0009030 aiming for the following targets:
Target #1 = .0010775
Target #2 = .0013720
Target #3 = .0015549
I usually tend to count Elliot Waves, but during times of extreme volatility and unstable behavior, I choose not to look at that.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
NANO - Is Correction Over?Yesterday, we saw NANO completing a full correction as it tests the 0.786 fib level and forming a double bottom slightly below the 0.786 fib level. As of now, NANO broke the symmetrical triangle and is forming a falling wedge but the bulls are fighting hard, creating a local upward trend line within the falling wedge. We're still waiting for a volume increase to confirm that correction is over, but as of right now the volume for NANO isn't surprisingly high.
I suggest you enter the trade when NANO tests the local upward trend line that is within the falling wedge, and set stop loss slightly below the local upward trend line in case of break down.
i will continue to update this post if anything major happens to NANO/BTC
Nano [Wedge 140%]medium.com
Set my stops, going to ride this one out. Im extra bullish now that "Universal blocks" are now on Nano Ledger nano s/blue support might be just around the corner.
"Last week, after my announcement, Ledger started their code review. But then the Nano core team got in touch with me and let me in on their plans regarding universal blocks and expressed their desire to delay the Ledger app until the universal blocks are live. Both me and Ledger agreed to it. Let me try to explain why quickly." - roosmaa
full article here: www.reddit.com
www.youtube.com
NANO falling wedge just keeps on falling, but... pinching!Like most alts, NANO is getting completely slaughtered by Bitcoin's volatility right now. Bitcoin has been dominating the market for a while now. NANO's falling wedge (blue lines) just keeps on falling, but... it's pinching, so there's probably going to happen something soon. There are three likely short term scenarios:
1. Bulls take the lead, we break upwards and target 0.00100.
2. Bitcoin bears give us the finger and drag it down to 0.00060.
3. An indecisive "meh", which makes it go sideways for a while and possible form a nice cup when the market restores at some point.
Which of the three scenarios will play out? We should probably ask our friend; mr. Bitcoin. Bitcoin is dominating the trend. Hard BTC dips and market fud will drag NANO down. Bitcoin going up with the speed of light on the other hand will have a negative (short term) effect as well though. BTC restoring upwards a bit and taking it easy for a while will encourage NANO (and other alts) to blossom.
So yeah, we can basically go up or down and I don't know which way it will be. But at least you have a fresh fancy chart with trend, support & resistance lines to monitor for breaks now :)
Personally I only enter trades after I witness a break confirmation and set layered sells slightly below resistance targets. This is not financial advice: you should never invest solely upon reading my or another persons TA and always do your own research: explore news, social media, white papers, tech info and so on.
Be extra cautious during these times of Bitcoin volatility, the market is twitchy and trends are easily broken at the moment so be sure to monitor your trades and set alerts and stop loss orders in place.
If you enjoy my analysis make sure to follow me at TradingView and other social media.
A push on the like button is very much appreciated!
NANO BLOCKS READY TO BREAK OUT? (M)This is a Medium Risk
Self explanatory chart
Comment if you have questions
Do not enter if you're not willing to lose your money. We are not your financial advisors.
Nano quick swing trade opportunityOn 4 hour chart "negative" momentum is clearly decreasing. It's about to break major resistance and reverse to the bullish trend.
My short-term targets is: 10500-11500 sat.
Longer-term: 13000-15000 sat.
NANO Symmetrical Triangle, Thin CloudBig symmetrical triangle on 4H, Ichi cloud very thin, accumulation zone with (hopefully) a break up!
Bullish flag formation for $NANO!ENGLISH : This bullish flag formation is most likely to breakout sooner or later. The only thing holding it down is the market indecision about $BTC. By the way, the only possibility I see this going south is if Bitcoin gets dumped hard, so pay some attention to it! My first three targets are all important tops at 0.001117, 0.00121 and 0.001375. Stochastic RSI also shows buy force ready to re-engage. Happy trading, everyone, and DYOR!!
PORTUGUÊS : Essa formação de padrão de bandeira provavelmente irá se desenrolar mais cedo ou mais tarde. A única coisa a segurando é a indecisão do mercado sobre o $BTC. Aliás, a única possibilidade em que eu vejo isso dando errado, é caso o Bitcoin caia bruscamente, então preste alguma atenção a isso! Meus primeiros três alvos são todos topos importantes em 0.001117, 0.00121 e 0.001375. Stochastic RSI também mostra que a força compradora está pronta para voltar a engrenar. Boa trades a todos e DYOR!!
NANO/BTC - Bullish 4hr & Possible RetracementsThis is some simple analysis on NANO's bullish pattern. All moves subject to BTC price fluctuation.
Happy trading!
NANO Bullish and Bearish scenario next 48-72hrsWell the wind has left our sails currently! FML. Straight forward with NANO. If it breaks below our new found resistance line 8000 is the likely landing spot. Bullish scenario, we rally and hit 1 or 2 of our targets. I set my stop losses at 9300. Buy back at 8000-7800 stacked. Good luck everyone.
$NANO/BTC (Binance) still continue to downtrendWish you good luck, don't forget to follow me! #jimsy2k on Tradingview. Best regards
NANOBTC - Break out the pitchfork!I took a quick look into the Andrews Pitchfork as I believe it helps with understanding price action within a up or down trend. And like with many other tools, they're often meant to be broken or absolutely wrong.
Either way, this downward pitchfork sure looks interesting and seems to contain the price within their respective channels while being attracted to the median line. My wild guess is that price wants to shoot for the median line in a downward trend for a target of 0.0010103 BTC. Then it should trend downward to bounce back up and hopefully a reversal in trend.
Again, I'm just speaking out my ass. I am an amateur, but I'm calling it as I want to see it. Just don't forget that this whole thing could turn out to be a 2-year bear market. Look at the BTC data from it's high in 2013 until it's next uptrend.
Nano is really the second comingNano never really had a good exchange during the last run, and once it hit Binance...the market was ready (and already starting) to fall from Dec/Jan highs. Nano just released their roadmap and is one of the few cryptocurrencies that could be listed as a pure currency coin. Is 2018 the year of Nano?
Is Nano, NANOBTC Ready for Another Run?After a nice run yesterday, NANOBTC has consolidated and found support around 0.0009250.
This point recently has been a very good support/resistance area for NANOBTC and interestingly which also happens to be at or around the 0.618 fib retracement level.
With this clear support and consolidation, we now have a flag/triangle pattern and now heading to its Apex.
The only thing that's missing right now is some good Nano/crypto news and volume for NANOBTC to make another run.
If you want to trade Nano as a day trade, look for a flag/triangle break.
Trade Instructions
Entry Point:
Break of flag, preferably above 12 and 50 ema
Profit Target(s):
1. 0.0010243
2. 0.0010559
3. 0.0010868
4. 0.0011163
Stop Loss:
0.0009118
Leave a comment if you have any questions.
And until next time, good luck with your trading!
Nano is Bullish! New Bull Flag Targeting ~120k SatsFirst Target 120k sats.
This is not an investment recommendation ! I am not an expert but noob!
Likely bullish NANOBTC scenario and HS target. This is not an inLikely bullish, NANOBTC Bull Flag. First Target is 11300 ~ 11500 sats.
This is not an investment recommendation ! I am not an expert but noob!