Nanousd
NANO/BTC (Testing Key Resistance)NANO/BTC
-This coin is currently testing the key area of resistance for the 4th time
-Technically, the more it gets tested, the resistance becomes weaker
-I only recommend to buy the break or a bullish pullback around 1200 sat range
-Provided there is bullish reversal signs or patterns in the lower timeframe
-For now, this is a wait and see the game if NANO can break this barrier
-Upside potential can reach up to 2176-3411 sat
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.
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We hope this will continue in some way until the next market correction ...
Have a nice week!
NANOUSD weekly: BEST level to BUY 150% gains (SL/TP)(NEW) Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NANOUSD weekly: BEST level to BUY 150% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BUY/HOLD setup
::: SWING traders only
::: Updated/revised outlook
::: Overall crypto space looks strong
::: with ETHUSD leading the way
::: 230% gains YTD in ETHUSD
::: meaningful catalyst later in 2021
::: NANOUSD weekly chart review/outlook
::: V-shape recovery in progress
::: resistance now / upside limited
::: expecting throwback/pullback
::: HOWEVER. strong chart / more upside soon
::: BUYING into pullback makes sense
::: BULLS may target 1.90/1.95 in Q4 2020
::: almost 150% gains possible
::: get ready to BUY/HOLD after pullback
::: 0.78//0.82 USD best RELOAD BULLS
::: recommended strategy: BUY INTO PULLBACK
::: TP BULLS 1.90/1.95
::: 100% upside for bulls
::: BUY/HOLD setup for patient traders
::: just BUY low and get paid, period
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK
::: Sentiment outlook short-term: BULLS
NANOUSD D1: BEST level BUY/HOLD for 150% gains (SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NANOUSD D1: BEST level BUY/HOLD for 150% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses / downside before reversal (BULLS).
🔸 Summary and potential trade setup
::: NANOUSD daily chart review
::: drifting lower on auto-pilot now
::: however overall chart looks strong
::: heavy resistance was tested 3 times
::: making it a lot more WEAK now
::: get ready to BUY low from my level
::: great mirror S/R level for BULLS
::: near 60000/65000. confirmed previously.
::: short-term expecting more downside.
::: buy low and you will get rewarded
::: strategy: BUY IT 6000
::: AB=CD measured move on chart
::: please pay attention because it's important
::: so orange lines represent the AB=CD measured move
::: BUY/HOLD setup do not expect fast gains
::: TP1 bulls +100% gains TP2 bulls +150% gains
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: fresh demand 60000/65000
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook midterm: BULLISH
Symmetrical Triangle on NANOHello, traders.
NANO is possibly forming a bullish symmetrical triangle, In the green box I believe it is a good buying zone for this asset
The symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
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NANOUSD D4: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NANOUSD 4D: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses / downside before reversal (BULLS).
🔸 Summary and potential trade setup
::: outlook unchanged now
::: still expecting correction/pullback
::: based on symmetry great reload
::: later near 67000/68000
::: NANOUSD 4daily chart review
::: drifting lower on auto-pilot now
::: however overall chart looks strong
::: heavy resistance was tested 3 times
::: making it a lot more WEAK now
::: get ready to BUY low from my level
::: great mirror S/R level for BULLS
::: near 67000/68000. confirmed previously.
::: short-term expecting more downside.
::: buy low and you will get rewarded
::: strategy: BUY IT 67000/68000
::: BUY/HOLD setup do not expect fast gains
::: TP1 bulls +100% gains TP2 bulls +150% gains
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: fresh demand 67000/68000
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook midterm: BULLISH
NANOUSD Swing Trade: H&S 30% Short to 50% LongNANO USD is forming the right shoulder of a head and shoulders pattern, setting up a potential 30-38% correction upon the neckline break.
Price action should then move down near previous supports levels surrounding the .618 fib following breaks of the .382 and .5 fibs.
Look for the correction to complete with the .618 fib area support levels holding, which then setups up the potential for a 50% swing to the upside to retest the neck line near the .236 fib.
From the .286 Fib, there is then potential to create an inverse head and shoulders with a move back near the near the 1.31 area.
Not investment advice. Crypto is highly volatile and market conditions can change drastically.
NANOUSD D1: BEST level BUY/HOLD for 100% gains (UPDATED)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NANOUSD D1: BEST level BUY/HOLD for 100% gains (UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses / downside before reversal (BULLS).
🔸 Summary and potential trade setup
::: NANOUSD daily chart review
::: short-term expecting 30% correction
::: drifting lower on auto-pilot now
::: however overall chart looks strong
::: heavy resistance was tested 3 times
::: making it a lot more WEAK now
::: get ready to BUY low from my level
::: great mirror S/R level for BULLS
::: near 67000/68000. confirmed previously.
::: short-term expecting more downside.
::: buy low and you will get rewarded
::: strategy: BUY IT 67000/68000
::: BUY/HOLD setup do not expect fast gains
::: TP1 bulls +100% gains TP2 bulls +150% gains
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: fresh demand 67000/68000
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook midterm: BULLISH
NANOUSD DAILY HEAD AND SOULDERSSuitable conditions for reverse head and shoulders pattern
First range support 0.73 to 0.80 $
Support range of 0.54 to 0.58 $
Pattern confirmation is done by breaking the neckline
After confirming the pattern
The first target is 2 $
The second target is 3.5 $
Broadening Tops and Bottoms? #nanousd #4DCharts are for information purposes only and is not intended to be investment advice.
"Broadening Tops and Bottoms are wedges in price action that open outwards" ....
NANOUSD D1: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
NANOUSD D1: BEST level BUY/HOLD for 100% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses / downside before reversal (BULLS).
🔸 Summary and potential trade setup
::: NANOUSD daily chart review
::: drifting lower on auto-pilot now
::: however overall chart looks strong
::: heavy resistance was tested 3 times
::: making it a lot more WEAK now
::: get ready to BUY low from my level
::: great mirror S/R level for BULLS
::: near 67000/68000. confirmed previously.
::: short-term expecting more downside.
::: buy low and you will get rewarded
::: strategy: BUY IT 67000/68000
::: BUY/HOLD setup do not expect fast gains
::: TP1 bulls +100% gains TP2 bulls +150% gains
::: good luck traders
🔸 Supply/Demand Zones
::: supply/demand: fresh demand 67000/68000
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook midterm: BULLISH
NANO in a Good position for LONGOf course it needs Bitcoin to keep the 9200-9400 levels and raising from there too, hopefully to break 10K and this time much stronger.
if we break 11K on BTC then the game really begin and you can see nano on 2$+ very fast
Anyway Nano is absolutely on the top of the ALT list for me, it's easily a top 5 coin and it's just around 50th place now, so a lot more to grow. also it has only 100m m.cap and should have at least 10X than that.
If we enter the bull run i can see nano reach 100$-200$ on the peaks, which is totally crazy considering what it is right now.
NANO/BTC , Increase or decrease? What do you think?Purchase opportunity at 11
A very sensitive point to keep or sell: 13-14 more than 25 percent profit
Falling to 10 (According to the chart and the average of 100 days) or increasing to 15-16 (more than 40% profit)
This is just a suggestion.
1000% growth is waiting for nanoTechnically, by crossing the Ichimoku and Ma99 clouds, one can easily expect 1000% growth for nano.
Fundamentally, we can expect this growth for several reasons
1- The cost of transactions is close to zero
2- Instant transaction without waiting time
3- Low energy consumption
We will hear more about this currency in the future
Please trade and sell according to your opinion and discretion
NANOUSD In A Bull Trend - Elliott wave analysisHello traders,
NANO is in a five-wave rise, up from March suggesting that bigger trend is bullish, and that further upside may be seen once a bigger a-b-c correction develops. Currently we see price unfolding a higher degree wave v, which can look for resistance and slow down into a three-wave correction at the Fib. ratio of 0.618 and at the upper Elliott wave channel line (1.436/1.50 region).
Once we see a sharp drop from the mentioned resistance zone, and through the middle Elliott wave channel line, that is when a temporary top can be in place, and wave a of a three-wave correction underway.
Trade well!
#NANO/BTC Potential 102% Profit. Breakout+Bull FlagWelcome to this quick Update.
Let's get to the chart.
Why am I bullish on NANO?
1. Breakout of the Falling Wedge pattern.
2. Breakout of the long term (ALMOST 349 DAYS) Resistance.
3.BULL FLAG in daily.
4. Golden Cross (50D MA crossing over 200D MA)
ENTRY:
1132 TO 1155
TARGETS:
1458
1892
2156
Stop Loss: 1082
This idea is not meant to be a financial advise.
Please do your own research before investing.
Other alts which can still rally: QKC, WABI, ZEN,GRS and many more. Check my other ideas.
If you like this update feel free to leave a like and share your opinion in the comment section.
Stay safe
#PEACE
DO WE COME BACK DOWN OR CREEP ALONG RESISTANCE?Applying an EMA Ribbon for BINANCE:NANOUSD shows solid support above the 20 EMA for the 1D. (The 4H looks very similar as well).
Stoch RSI shows grossly oversold conditions as well.
MACD and Stock RSI help confirm the bullish nature as price is staying suspended. I am just curious how far we move into the wedge before a nice breakout.
NANO - Troubles?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!
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