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Nanoforecast

Let's make some NANO re-adjustmentsWarning: our thoughts are ours; not financial advice. The only thing constant in the market is change. So it will do you a lot of good if you always readjust your positions as things unfold. We earlier made a Nano prediction to $13. We still believe this will happen, however, could take more time based on our earlier conviction. The past 3 days have seen the asset drop slightly in value. How bad can this go? Maybe between $4.3 - $3.7. Those will be great points to stack up some more Nanos. We are still very much bullish on this one.
NLong
by coin-barbie
NANO 1D There are many prerequisites for growthIn the weekly digest, we were asked to analyze the NANO coin. Wanted - please :) But you write fundamental news in the comments, why NANO is interesting and why it should grow. And we will describe our vision from the TA point of view For a good six months, NANOUSDT has been accumulating in the zone of $0.70-1.20 . Since the new year, investors have decided that it is time to act. Pump result - x5 in less than a week, the maximum value is $5.20. Now the NANOUSD price is at the stage of correction, but it turns out that buyers are in control of the situation. Maintaining the NANOUSD price above $3 makes it clear that the major players are planning to continue their growth. An intermediate target for growth is $7.45 , if it works out, we will update the idea. Also, the idea will need to be revised if the price manages to fix below $3. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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by P_S_trade
11
NANO - Summer Updates vol IISince the entry at the beginning of the month returning to the $ 1 level, apparently today the price rises to the Fibonacci resistance marked as level 1, around $ 1.23. In a daily view we see that the RSI is in an almost perfect point to break this resistance again if we find enough buying power. In a weekly view, we appreciate the importance of it having already surpassed the MA 100, giving us four weeks of positive growth. For the price action to stay on our side we should at least break past the latest highs which are around $ 1.35- $ 1.40 which is also a major resistance in the past year. We do not pose prices in a bearish scenario because they are more than obvious and already well defined in the Fibonacci retracement. NANO is currently at # 77 on the coinmarketcap list. Interesting option for us given the total circulating supply and the characteristics it has: About Nano from coinmarketcap.com Launched in 2015, Nano describes itself as an open source, sustainable, and secure next-generation digital currency focused on removing perceived inefficiencies present in existing cryptocurrencies. Designed to solve peer to peer transfer of value, Nano aims to revolutionize the world economy through an ultrafast and fee-less network that is open and accessible to everyone. Nano is reportedly able to offer fast and feeless transactions due to the Block Lattice - a data structure in which all accounts each have their own blockchain, rather than competing with others on a central chain. Consensus is generated through representative voting, where accounts can freely choose their representative at any time with an update of their account chain, thereby providing more control for users to decide who validates transactions. Each component of the protocol was created with the long term goals of decentralization and accessibility in mind. By creating a system where representatives are not paid to operate, the incentive to participate in the network is shifted to indirect, operational cost savings. The team claims that this change in incentive model is more efficient and removes one of the factors driving centralization in other systems because participants are not encouraged to interact beyond their direct needs and supporting the network, and thus economies of scale become less critical. --------------------------- We hope this will continue in some way until the next market correction ... Have a nice week!
NLong
by harribatu
NANO - Summer Updates [midMAY-midSEPT]We are now almost at a very interesting junction where we expect action and price movement. From the chart we can see that a kind of upward trend has been forming since the last great fall on March 11. Right now the price is at 0.5 Fib, with rising RSI although in a closer view corrections can be expected more downside to the support level 0.382 or already following the rising trend line for further decline. For a medium-term future (end of June) we have the green line that would supposedly act as a resistance. Here you can find where this line comes from, even 2018. Whatever happens, action is anticipated. I personally would position myself long to reach $ 1.00 plus less (level 0.786) being conservative since if this crypto is here for long, NANO has good fundamental characteristics to grow in the next years ... But maybe it won't as well. Who knows? Which side are you? How do you think summer is going to be for crypto? Greets!
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by harribatu
2
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!
NLong
by harribatu