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NANOUSD trade ideas

MY NANOers!!!40% and hit a beautiful ATH!! That's the good news... HOLD THE LINE - things are getting choppy Horrible day, with TOTAL2 down From about $1.45T to $1.25T looks like finally may be turning around.. 20% dips.. I'm prepared Will give ideas updates when things get back to normal? ------------------------- Which coins to buy? Please message me for the top altcoins each day - track my success Please message me for information on the latest (ICOs) Initial Coin Offerings; How to buy altcoins before they are tradable.
KRAKEN:NANOUSDLong
by ManhattanBeachCapital
NANO - A strong uptrend | Another price correction?The NANO market has a created a horizontal trend channel. As you can see in the 4-hour candle graph, the resistance line has been tested three times before it broke down(marked with a circle). We could probably see a price correction when NANO breaks over the resistance(opposite of last time). Or we could see a similar drop in price. I would wait for 2 green / red candles on both sides of the channel before placing my trade to make sure it's not a trap. Comment below what you think is going to happen, and why? What is your trading plan? If you like the idea, do not forget to support with a like and follow.
KRAKEN:NANOUSD
by abrohit
1
NANO - A strong uptrend | A price correction?The NANO bullish market has created a very strong uptrend. I say the words very strong because the resistance line has 4 interactions with the 1-hour candles. The support too has 4 interactions with the 1-hour candles. Related to my last post on NANO, you can see NANO breaking the wedge and entering a bearish market. With this strong uptrend do we see the road back to 7.6 USD? “The trend is your friend, until the end when it bends.” Comment below what you think is going to happen, and why? What is your trading plan? If you like the idea, do not forget to support with a like and follow.
KRAKEN:NANOUSDLong
by abrohit
NANO - Will it break the bullish market?Similar to my previous post on CARDANO, there are two possible scenarios(Descending Triangle): Scenario 1 - It falls below 4.80 USD. For this scenario, the 1H candles need to drop below 4.80 at the vertex. This could possibly make 4.80 the new resistance. Scenario 2 - It bounces from 4.80 USD to possibly break past 7.60 USD. For this scenario, the 1H candles need to break at the vertex and break above the downward trendline. Always follow your trading plan regarding entry, risk management, and trade management. Which scenario is more likely to happen in your opinion and why?
KRAKEN:NANOUSD
by abrohit
NANO - Most likely rising sooner than laterUpdated analysis on NANO, looks unlikely to break below the support at 6.0 and fill out the XABCD. Monitor for large candles breaking above the wedge or below the 6.0 support. Blue path most likely - break through the wedge and then likely bounce off that trendline as support. Purple path still possible, a retest of 6.0 and then a decision at the end of the wedge. Red path unlikely but would represent good buying opportunities for those who are bullish long term.
KRAKEN:NANOUSDLong
by dpatt712
NANOUSD 1H Concurrent/Contrasting Harmonic Patterns?Hi guys! I'm still learning TA - any feedback is most welcome! Looks like there could be two contrasting XABCD patterns forming, looking at the 1H chart of NANOUSD. The Blue XABCD would end around the 5.2 area which could be a good spot to be looking for buy opportunities. The ending of the Blue corresponds with the CD leg of the green pattern and both suggest growth from that 5.2 area of support. Fib retracement and the green XABCD suggest there might be a big correction around the 9.7-9.8 area. I'm still mostly practicing and not even 100% sure if I'll be taking my own advice so you definitely shouldn't! I want to publish this though as a challenge to myself. Any suggestions for improvement?
KRAKEN:NANOUSDLong
by dpatt712
2