Nanobtclong
NANO/BTC AnalysisRetest of the falling wedge. Now is the time to go long!
- You also have the 200MA as an immediate support .
Short term nano usdt study.On a rising trend. cup handle formation has formed. and this formation took place in the rising wedge. I think it will rise from here. It is my own personal work, not investment advice. Good luck to everyone.
NANO/BTC (Strong Trendline Breakout)NANO/BTC
-strong breakout of trendline resistance
-today's candle is followed with huge volume
-the perfect entry was yesterday after the candle closed
-this breakout is confirming a trend change
-if upside will continue, the target is the swing top
-overall this market structure is bullish
-but do not recommend to enter a position now
-wait for a pullback on 4H timeframe
-for precise entry and uptrend continuation
NANO - Updates--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
Wow! Surprisingly, or not at all because more coins have sort of broken this resistance line too, we are sitting now around 0.70. Check my previous idea if you wish as well!
And this is what it is from a 1D view:
Almost convincing but still not having all chances to our side. Would be nice by tomorrow if that path can continue upwards trying to reach the next Fib level around 0.83, breaking the 200 DAILY MA to the upside.
If not that orange line coming from previous ideas still is there to play.
Good luck!
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.
#NANO Breakout setup - Bullish #NANO #breakout the #falling wedge with a good buy volume above the MA 20.
also , we can see a #double #bottom at the the #support level 0.0000740 and a break the #neckline level at 0.0000850.
My entry zone as shown on the chart, targets are Fibonacci major levels + Pivot Points.
DYOR.
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.
rJ6DDEzv
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 - On Support, Potential for 40% Move!I've got my eye on NANO against BTC. There appears to be support on the price action as well as the daily MACD. I think there could be great potential if the price starts to head north. Forgive the zoomed out look. I wanted everyone to know where my support and resistance levels were coming from. Given BTC's fragile/bearish state, keep it in the back of your mind during this trade as it could make it go south. However, I'm entering here with a tight stop loss below the support level. I'm hoping that if BTC can hold things together, we could be in line for very big gains.
NANO is ready for a big move UP! Daily chart.A great opportunity to long NANO against Bitcoin.
Reasons to long:
1. Bullish SFP on Weekly. Stop losses are taken by big players.
2. Bullish RSI divergence on Weekly. Bears are losing steam.
3. Big falling wedge on Weekly.
4. Daily RSI 30 level is reclaimed.
5. Strong support retest on Daily.
6. Bullish RSI divergence on Daily.
7. Wonderful R/R.
Strategy:
Risk/Reward Ratio = 12.32 or 24.8 or 52.51
Entry: around 0.0000875
Stop loss: 0.0000825
Target 1: 0.0001491
Target 2: 0.0002131
Target 3: 0.0003554
Please take a look at my trading idea "Perfect moment to buy ALTS!" where I explain why I think ALTS will have a rally in the next weeks.
Trade safe!
NANO to the moon! Great Risk/Reward opportunity! Binance chart.A truly great opportunity to long NANO against Bitcoin .
Reasons to enter:
1. Bullish SFP on Weekly. Stop losses are taken by big players.
2. Bullish RSI divergence on Weekly. Bears are losing steam.
3. Big falling wedge on Weekly.
Strategy:
Wonderful Risk/Reward Ratio = 5.23 or 15.95
Entry: around 0.0000897
Stop loss: 0.0000772
Target 1: 0.0001471
Target 2: 0.0002676
I would recommend taking initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2.
Please take a look at my trading idea "A relief rally for ALTS is incoming!" where I explain why I think ALTS are due for a big bounce.
Trade safe!
NANO to the moon! Great Risk/Reward opportunity!A truly great opportunity to long NANO against Bitcoin.
Reasons to enter:
1. Bullish SFP on Weekly. Stop losses are taken by big players.
2. Bullish RSI divergence on Weekly. Bears are losing steam.
3. Big falling wedge on Weekly.
Strategy:
Wonderful Risk/Reward Ratio = 5.18 or 14.09
Entry: around 0.000090
Stop loss: 0.000079
Target 1: 0.000147
Target 2: 0.000245
I would recommend taking initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2.
Please take a look at my trading idea "A relief rally for ALTS is incoming!" where I explain why I think ALTS are due for a big bounce.
Trade safe!
NANO : Potential 100+x gain NANO/BTC, NANO/USDHello everyone, hope you're all doing well.
Today, I'd like to share with you long term and short term idea surrounding NANO.
Short term, NANO looks like it has found a support between 0.8-1.2 USD and it has been trading in these ranges for a while. On the BTC chart, it looks to have found a potential bottom at 0.00000900 BTC as it seems to create yet another Bullish divergence scenario.
Long term, I'm extremely bullish on this coin.
NANO is one of the best, if not the best, cryptocurrency in the entire crypto space which makes it fundamentally excellent investment. Later on, I'll write my reasons regarding this, but in short some of its main characteristic are that it provides fast and fee-less transaction making it much better than cryptocurrencies like IOTA, XRP, XVG, STR, ZIL etc. that are also fast but have micro fees. This makes it a one of a kind cryptocurrency that will for sure change the world in couple of years when adoption comes as you can literally send other people across the world as little as 0.01 cents within seconds for free. Same rule applies to larger million dollar transactions.
Here is a long term chart idea for NANO in NANO/USD pair that shows you the potential future of NANO and it's potential road to above 100 $.
charts.cointrader.pro
As you can see here, NANO did a parabolic and fast increase of price which is why a healthy correction is something that was to be expected. Now after more than 400 days of slowly losing its value, it looks like it's ready for another rally that will potentially put it above 100 $. Everything on the chart looks picture perfect and adding in the fundamentals of this coin, it raises a probability of this event happening by a lot.
NANOBTC touched the pennant support | Upto 409% expectedThe priceline of Nano / Bitcoin cryptocurrency is moving withing a pennant and touched the support of pennant after Aug 2018.
After hitting at support the MACD has turmed weak bearish from strong bearish.
The RSI is oversold and moving up.
Soon the price action will hit the sell targets insha Allah.
The sell targets are:
Sell between: 0.0002730 to 0.0004652
Regards,
Atif Akbar (moon333)
NANO - Retracing to 0.236 - Will it carry on from that point? Most who know me will know I've been watching Nano. Looks like it is retracing and looking to hit some key areas.
Depending on how Bitcoin does and other fundamentals with 'alt-coins' and possible alt-seasons. It could be time to wait to see where it goes.
Only enter on clear direction (Reversal)
NANO BULLISH$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.