NANOUSDT trade ideas
XNO (Nano) may be setting up for an explosive moveXNO has a history of explosive movements. Fibonacci extensions point to possible targets after the $1 price is left behind. To put it in perspective, at current values, XNO should be worth $90 to catch up with the memecoin Doge and $37 for Shiba. To enter the top 100 of the crypto market capitalization it would need to be worth $4. I believe it is a great risk-return if you believe in the technology, distribution and use of it, especially now that people are noticing flaws in Bitcoin and Lightning Network.
finally xno breaking multi year downtrend in downtrend since 2021 but now showing signs of life formed falling wedge in 3 days tf and also breaking multi year trendline expecting successful breakout
and incase of successful breakout expecting solid recovery towards 2$ in next weeks keep eyes on for successful breakout
XNO Signal and targetsToday XNO is bullish and prints out a nice 12h candle and quickly pullbacks
The AO indicator on this chart turns also bullish (upwards)
Also we can see the current pullback is exactly on the support area(while writing this)
If XNO maintains this support and keep a bullish momentum,
Then eventually the price will rise and hit some targets.
Nano coin getting ready for a pump (NEW)Nano (XNO) is consolidating in a downsloping channel which most likely will break out to the upside.
We don't expect this coin to make a new ATH in the next bull market but reaching 4$ in a mid-term is very likely which would be almost 400 % profit from the current price.
It's time to DCA into XNO.
Nano (xno) where are you going? Risk reward 4.4For a long time, the asset is in the accumulation stage, and on the daily timeframe, you can see the resulting double bottom. If the resistance zone is broken through and the asset is fixed above 0.935, I expect growth to the area of $1.3
This is not a financial recommendation, everything you do you do at your own peril and risk.
✴️ XNOUSDT | Nano Three Buddhas (Name Your Altcoin #10 ✅)I just shared Stellar for you as "Name your altcoin #9", I used the 3day timeframe and we have a chart that's quite similar, the same signals apply but of course, we will adopt a different perspective for your learning and/or entertainment.
Taking into consideration the June, November and January lows in the Nano (XNOUSDT) chart, we have what a Japanese trader would call the "Three Buddhas Pattern".
This is like an inverse head and shoulders but without the limitations about the neck-line and what not.
Just having three dives is enough for this signal to work, no need for the mathematical exactitude...
Oh sorry, I felt like I was lecturing someone.
The RSI here is stronger than XLMUSDT, which is great and prices are already trading above EMA50.
Notice how MA200 is trending down and thus XNOUSDT is set to trend up, moving to meet MA200.
See basically the same chart but a bit more advanced, works as confirmation to my previous analysis... Stellar is likely to follow Nano.
Nano though has a strong signal in the form of high volume in November that is not available in Stellar... But they move in turns.
And finally, the signal that does not need to be mentioned or maybe the signal that cannot be ignored?
The downtrend has been broken, a more than 1.5 years long downtrend, here shown as a thin red line...
Notice that EMA300 is below MA200 while other pairs that moved first have EMA300 above MA200... Something to keep in mind, write down or learn. In the future, you can use such simple signal to know which of the altcoins are likely to move first.
Thank you for reading.
Name your altcoin #10.
This is Alan Santana.
See you next time.
It was pretty fun and highly entertaining to write for you.
Thanks a lot for your time, for your attention, for your support.
I love you... And I hope to see you one day.
Namaste.