NANO/BTC 8H (Binance) Triangle pullback & falling wedge breakoutNano (ex Raiblocks) is preparing for uptrend again, the big triangle resistance is acting as support now.
This coin is way oversold in my opinion and is also a good bye for long-term, but here goes the midterm set-up:
Entry= 0.0000859 - 0.0000829
Take Profit= 0.0000963 | 0.0001050 | 0.0001111
Stop Loss= 0.0000725
Risk/Reward Ratio= 1:1 | 1:1.73 | 1:2.24
Expected Profit= 14.10% | 24.41% | 31.64%
Possible Loss= -14.10%
Fib. Retracement= 0.382 | 0.618 | 0.786
Xrbbtc
Long for a short time periodWe have a changing trend tendency and possible entry into the FLAT zone.
Leverage traders should consider entering risk trades.
Not leverage traders should wait for price return into the channel.
There is a big chance that we will see a price reversal move, and it may lead us to 5000, but it is all only expectations.
Right now, we are in a dangerous zone, and you should not enter trade if you do not know where to put SL or you can not monitor price actions.
Your are free to join me if you want
2019-08-03 12:07:23 Buy 0.00002937
2019-08-03 05:10:32 Buy 0.00002905
And some open positions with 2850 Buy
XRP-USDII expect soon a lot of news and partnerships at XRP, and most likely 2019 will be very successful for him since every month all new banks will start using it. XRP differs from other products in that its transactions can be controlled and only such a system will be accepted by banks, and this is logical. Think about how many bitcoins were sent to the wrong address.
I think 2019 will be the year of the widespread introduction of blockchain systems and already using the cryptocurrencies themselves. Now a certain stage of development and awareness of the value of cryptocurrencies has been completed and the subsequent correction of this development. Now the market is slowly starting to show overall growth. I think that in a year or two the main game will be transferred to the stock market with futures. Bitcoin will be used as a means of payment for its intended purpose and it will be used and owned by people. Those exchanges and exchangers that exist today will look like our usual branch of a bank for fiat money. Just now passes the stage of correction that is always experiencing all kinds of markets.
PS: Judging by the thanks (likes) of the subscribers, it makes no sense to publish new forecasts, we will wait for the confirmation of the old ones.
www.tradingview.com
NANO is ready for another run!Bullish confirmation shows an uptrend! pay attention to the level shown in the graph. Great time to buy in Nano!
Good luck!
I see 47000-49000 as the ultimate low for Nano.The ultimate bottom could already be in. If not, 47000 could be the ultimate bottom according to this analysis.
Accumulating at this level.
I see 47000-49000 as the ultimate low for Nano.The ultimate bottom could already be in. If not, 47000 could be the ultimate bottom according to this analysis.
Accumulating at this level.
NANO coin dying out ? or the Best investment opportunity ?For Lazy and To the point Readers :
Nano ( XRB ) Trade Idea :
Long : 0.00050 or Below (Step buy orders)
Short : Step Sell orders
T1 : 0.00055
T2 : 0.00059
T3 : 0.00062
T4 : 0.00064++
Risk : Lowest ( Safest route Investment)
Term : Short / Mid ( Depending on the Total Market Volume)
Invest : 10% or more of Your Portfolio
Fundamental In-Depth Analysis :
Salient Features of Nano Coin:
This cryptocurrency comes with a significant number of very unique features that cannot be found in other digital currencies. Nano possesses an adroit development team that is constantly working on making these features even better for the Nano holders. Some of these features include:
Resolving Block Size Issue: Nano’s ingenious block lattice code has managed to nullify the block size issue completely. This issue is one of the principal reasons behind the sluggishness of Bitcoin’s transaction and its efficiency. With the block size problem eliminated, Nano’s blockchain ecosystem can offer tremendous scalability to its users.
Universal Blocks: In a blockchain system, blocks can be classified into four different categories namely receive blocks, send blocks, change blocks, and open blocks. In Nano’s platform, all these four blocks are combined into one single block with all the features remaining intact. These blocks are known as Universal Blocks. With the help of these blocks, Nano users can take advantage of a much efficient, convenient, and secure blockchain network. These Universal Blocks also provide all important data to the token holders as per requirement. Nano holders can know their individual balances without any hassle because of these highly efficient blocks.
Free Instantaneous Transaction: Nano coin was introduced to resolve Bitcoin’s scalability issue. Hence, it is of no surprise that Nano provides an instantaneous transaction facility to the traders across the globe. However, such a high-quality service comes completely free of cost. Also, the latency of Nano’s transaction system has also improved significantly over the past few mo0nths which allow the users to upload account chains anytime they want.
Recent Nano Coin Developments:
This currency has recently published an updated roadmap consisting of various goals and targets likely to be reached by the end of this year. The most significant Nano coin developments in progress include:
Nano Wallet: Nano’s development team has been working on releasing this wallet for a long time. The wallet is supposed to augment Nano coin’s efficiency and acceptability. Once the Nano wallet is launched, it would be compatible with iOS, Android, and Desktops.
New Block Explorer: A new block explorer of this coin is around the corner which would shift its base from nano.org to nanocode.co. This new explorer would enable users to monitor the live coin performance on a more user-friendly interface.
Nano Wat.ch Application: Once this application is launched, the holders of this digital currency would be able to see up to 50 recent Nano transactions to keep track of their payments.
Current Condition of Nano Coin:
As of 31st May 2018, Nano Coin holds the 34th position on Coinmarketcap with a market capitalization of 565 million USD and coin price of $4 approximately. In the past few days, Nano has managed a conspicuous upsurge in its price with a percentage of circa 3.5.
Final Thoughts:
RaiBlocks was rebranded to Nano in almost the same time of Bitcoin’s downfall and one simple change has transmogrified its position in the market. Nowadays, security and scalability are major issues that most cryptocurrencies are working on perfecting. As Nano has incorporated this feature from the very beginning, it serves as an extra advantage. With the new developments around the corner, Nano’s blockchain system is likely to become even more impregnable and efficient. it is safe to say that Nano will have great 2018 !
NANO, serious upside potential. 200% taking recent highHi guys,
I bring you NANO.
One hell of a coin.
Since its listing on Binance it hit a low of 6k sats, after which it bounced, pretty crazily all the way up to 16k sats in 4 days. Wow.
Anyways since then, we've gone through a nice accumulation phase which saw us at a bottom of 6800.
We had a small rebound up to 11k recently which was very profitable to a lot of traders, myself included and now we see us eyeining NANO, at the time of writing 6300 sats.
I have here the larger timeframe, Daily chart outlines to see how far we have really retraced.
We've had a previous zone of Wyckoff accumulation, outlined by the massive cup.
and look to be forming once again, another basing pattern.
RSI is once again oversold, on the daily, MACD histogram is looking to roll on over. Not a buy signal yet, but is definitely something to keep on your mind in the coming days/weeks.
I'm expecting RSI and MACD to slowly form bowl patterns after which we should see some pretty solid bounces.
I can already see that the rate at which RSI and MACD (both signal and MACD line) is decreasing towards the downside is slowing down, potential weakness in the bears.
The ladder starts now.
Buy: 6000-6800.
I know its a very generous buy zone, but since I'll be looking to take a swing trade position in this coin, I'm ok with taaking large buy in targets and zones.
Sells:
11k
16k
20k (target from Kucoin)
Let's see how this goes.
This will begin my trading journal of alts here.
Once there's more data here, I'm happy to apply some Elliot waves to this to derive some targets. But for now simple trendlines and basic understanding of RSI bottoming and MACD lines converging will do
NANO! BULL RUN ALMOST UPON US?So our supports held but weren't enough for a reversal. Which leads me to give a new count, and our red trendline is in the wind. SO WHEN WILL THE SELLING STOP??
ANSWER: The highest probability target always for an abc correction down, Is that C is most likely 100% of A = 1:1 extension. And since when have our A&B which are in, we have targets to pull from. And when we do, we find PERFECT confluence with our lowest point (Red horizontal trendline / APRIL REVERSAL) before we began trending up. Which adds more evidence to our A&B having completed, and now we're on our final leg down to complete our C.
EVIDENCE FOR OUR 5 WAVE COMPLETION = Our waves 3 & 5 have hit their respective 100% and 161.8% targets.
GOOD NEWS? : Well because our 5 waves are in, it becomes a big wave 1, which means we can do a fib pull for ALL of this big wave 1. And what we find, is a lot of correlation between that fib pull, and the trend fib pull from our waves A&B to find our wave C!
So we would target a 1:1 extension for our C, except, the odds of hitting the 1:1 in this case for our C gets DRASTICALLY SMALLER, because 2 cannot fall 100% of wave 1!
SO our chances of a bounce here right now, at the 0.618 pull from the A&B goes up, BECAUSE we find its correlated with the 0.786 target of the entire wave 1! WHICH IS THE HIGHEST PROBABILITY TARGET for a DEEP 2 (purple 2) retracement!
Will we bounce here? Maybe? But we also have to remember when we are doing our analysis, that everything always goes back to being nicely correlated with the BITCOIN CHART which had a nice NEWS RELATED DUMP which triggered a dump on our NANO chart among other charts, which led to us breaking OUR RED TRENDLINE SUPPORT ON MY PREVIOUS CHART.
NANO set for a good bull runNANOBTC (NANOETH) is set for a great bull run, it broke out of a falling wedge
Nano BULL TREND!Nano is at the bottom of the hole, and ready to leave.
Resistances close to being knocked over. Indicators initiating reversal signal. I bought it at Buy Zone. My targets are on the chart. Let's observe;)
NANO(XRB) close to fundamental resistance levelNano was almost breaking the fundamental resistance level, but then an exchange got hacked/shut down due to a fraudulent owner. Alot of nano went "missing", not going in to details, nano is not to blame. Do your own research.
However, it did result in a huge sellof. I also sold my nano, because my stoploss levels were triggered. After the drop nano stabilized and showed that it is very willing to rise. The fundamental resistance(blue) needs to be broken to call NANO bullish.
Don't forget that this coin used to be 50 dollars once, no bad news came to decrease the value, it just "happened" to decline 400% or so, this might have been the first fib wave, but it is way to early to call it a fibonacci wave. However, the psychology behind it seems legit. We are missing some momentum, but the volume has already exploded, so I expect nano to break out soon.
first profit level: 0.00131 (however, we might blast trough this one, since this was the level before undeserved FUD).
Like this idea for following profit levels and buy in levels.