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Nanousdt

NANOUSDT AnlysisI am neutral about NANO at the moment while EngineeringRobo remains bearish. No trades recommended at the moment, waiting for candles to either break the support / resistance line, respectively, with open close confirmation. If candles open close below the 0.710 support level, sell right away. If you are interested in buying NANO your options are: - Wait for the open close confirmation above the 0.710 support level. - Buy with open close confirmation above the MA200 line - Wait for EngineeringRobo buy 2 signal. At whatever level you decide to by, remember to watch for EngineeringRobo Sell signals carefully! If you want to use EngineeringRobo, DM me!
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by DanFox0x7C6
2
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
NANOUSDT ANALYSISAccording to my analysis, the candles are uptrend. 1) The first step is $1.0948 ( yellow dashed line/ resistance line) 2a) After the candles cross at the resistance line($1.0948) If the candles turn to go down, you should sell and buy again at the support line( blue dashed line/0.8954) 2b) After the candles cross at the resistance line($1.0948) If the candles continue to go up, the second step is at the second resistance line($1.022) While in this time, you may help from EngineeringRobo's signals. If you have any concerns, please let me know.
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by SixSenseTraders
3
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.
KRAKEN:NANOUSDShort
by alexhiggins732
#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
NLong
by Cryptorphic
49
NANOUSDT longIf the price close above 1.01 and continues to rise then that price is new Support level. We had 15.05. similar signals. My target is at 0.996 . I bought at 0.994 sry I'm late with the analysis. But there will be a small drop soon so it is not too late to buy and take a small profit. For SL and RL I used Fib RE/EX. Signals: EMA 9 crossing EMA 20 MACD line is above Zero line and will soon cross Signal line Piercing pattern Please support my work by clicking the LIKE/FOLLOW button. Always do your own analysis and trust your intuition! If someone wants advice or private analysis send a PM. I would be grateful to earn some money for you and you send me some donation for my work.
NLong
by stodor99
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