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Nanobtclong

NANO is breaking out. Don't miss it. Up to 8% gains.Hello everyone and welcome to this analysis on BINANCE:NANOBTC . Reminder on EMA crossing strategy: -RSI under 70 -EMA 26 crosses EMA 52 -Low volume on MACD (optional) -4 hours chart As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12 using the 4 hour chart. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 is about to cross the EMA 52 representing a start of a bullish short to mid term trend upward. Last time that we saw a bullish EMA crossover was the 23th of February and led to a significant spike. Before entering you should wait for the EMA 26 to crossover the EMA 52 if you are more of a conservative trader. You can observe that NANO's price action has been trading in a triangle. Combined with low volume and a MACD bullish crossover on the 4-hour chart we can expect a breakout that will surpass the upper edge of the triangle. The price is already piercing through the inner edge of the triangle that was formed from lower previous highs and lows showing a good sign of the imminent break to the upside. Dotted green lines: Past historic support/resistance levels Aggressive approach: Long at market price to avoid sudden breakout. Stop loss at past support (lower green dotted line). Take profit at past resistance (upper green dotted line). Potential profit of approx. 8%. Conservative approach: Long when EMA 26 crossover EMA 52. Stop loss just above past support (lower green dotted line). Take profit just under resistance level (upper green dotted line). N.B: This strategy safely works for short term price movements. For example, my take profits are usually between 4 and 8%. Additionally, I use 2% of my portfolio per trade with a risk/reward ratio of 2. **This is my set up and I am sharing that with you for educational purpose. This isn't, in any case, financial advice.**
NLong
by SamLazno
NANO is a charging bull???Nano has been following BTC a lot in it's movement. After this pump and dump from BTC manipulation that happened last night we can see that #nano has played around 8100-8200 which is a very good bargain and good buy-zone. If we follow the Elliot Waves Pattern against the fibonacci we can have a clear picture of where the expected bull run will go. This all depends of-course from BTC which is unpredictable as usual but it seems to be forming a double-bottom after bouncing of the support twice, and hopefully it will hold strongly. Should BTC drop lower we might see a smaller, further dip from NANO but fingers crossed that the coin will keep this level and should not go lower.More volume will give more momentum upwards and although RSI is showing in the 40's this will change drastically when the market starts flowing in. Go long on Nano and long term this coin will give you great returns and it is one of the best ROI coins I found MED-LONG. I set my targets high enough to take a good profit but it is always wise to monitor in order to maximise profits along the way up. March is always the worst month for crypto historically and April should bring new green market. Wish you all well and happy trading crypto.
NLong
by glennie81
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.
NLong
by CointheCrypto