NANO has been on a roll lately and has played out the 4 first parts of the Elliot wave, and following that theory there will be one more big push upward before a possible reversal. This is supported by it finding support on S1 and now breaking the pivot and the Kumo Cloud. Stop loss under the pivot and see what happens. If you like my ideas and the work I do,...
Big decision time again. What's your position? Up or down? We're still over the descending trend line (check related ideas) No more words here so far, except yours... Time to buy more or sell? Thanks!
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...
The 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...
Nano has a huge bullish divergence on the weekly chart for the RSI. The monthly BB will allow for this move, and we will have huge selling pressure. A large correction will follow after this move. Nano will reach $1.50 this month and $4 by December.
Great breakout above our resistance @ the 0.236 fib (978 sats) while also seeing a bullish convergence on our stoch rsi indicator , triggering a strong increase in volume . Acting support is now our 50 ema (daily around 950 sats) with resistance being around 1200 sats followed by the 1500 sat region.
Looks likely that Nano is primed in a good position to go on a run within the trend. We still advise patience to see if the Bitcoin Dominance does drop, any rise in that will send any BTC pairing in a coin down. Will alts begin to see some daylight?
Looks like NANO is breaking out from its local resistance that occured on 0.00033 satoshi. In the next few days, NANO should hit at least 0.00039 as it's daily candle finally broke through this resistance. Daily candle still hasn't closed, so we should be patient regarding that. In short time frame, the 0.00039 price level should be reached and in longer time...
BLUE ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
It seems NANO may have found major support @ 0.0002600 the other day, and now it's on the upside. I've entered a position @ 0.00028 but will be using a stop just in case it comes crashing down again. I've indicated some major levels of resistance to overcome, will be watching this closely! MACD crossed over and RSI is in neutral territory, 20 MA was crossed over...
The ultimate bottom could already be in. If not, 47000 could be the ultimate bottom according to this analysis. Accumulating at this level.