Nano Long-Term Accumulation Channel Activated (+EZ Targets)➢ This trade-idea, this chart setup, this post, is only meant as a reminder; it is meant to alert you of a potentially good opportunity.
➢ In most of the cases, I am being ultra-conservative with the targets. Prices can go much, much, much higher than what is shown on the chart.
➢ Here is my thinking: If you can get a good entry, "great entry timing," then it is easy to profit once the market is full green.
➢ I give you the clear entry opportunity/reminder, and you take care of the decision making, the planning.
A great recent example is the RAREBTC chart. I gave a 125% target but the pair grew more than 300%. This pattern repeats all across. This is the case with this pair, Nano (XNOUSDT). It is meant to show the "accumulation zone," or as a reminder of a potential good entry for future growth.
With that said, let's look at this chart.
➖ Nano's "long-term accumulation channel" has been active since June 2022. If we consider data not shown on this chart, this channel has been valid since September 2019. So this is a major long-term accumulation zone and worked for accumulation for the 2021 bull-market.
➖ This zone is now active and can work again in anticipation of a major bullish wave and new bull-market (2025).
In short: The chart signals (technical analysis) are saying that this is a potentially good choice if the projection is bullish.
Thanks a lot for your continued support.
Namaste.
