going long with 10x leverage, this is part of a bigger structure. see my account for more info. You can tell by the MACD this will try soon to break form this short term downtrend. im convinced it wil. normally i dont leverage trade.
Since may 2022 nano has been in accumulation. just like 2021 the chart has formed a inverse head and shoulders pattern, the covid crash (a black swan event) made this possible. this already highly reliant pattern is even more reliable due to the time frame. the longer the pattern te more likely it works out. Targets are the blue lines. the first wave should hit...
This is my final analysis. At the completian of this mega pattern it could be almost 10 years old. the longest i have ever seen. ive noticed that smaller black swan events dont impact at this scale. but a economic recession does. the previous chart shows me that 8 dollars is the maximum, here the down point is on 4 dollars. both points would lead to arround 1...
Soon braking out. Keep it simple. Possible reaction zones are on my chart. Minimum of 1.85 before June, could go higher. After a pump look for new support, lowest support will be 1.20. if you zoom out there are way bigger patterns at play. Nano can go 100x easy by 2025.
I expect a short bearish pullbuck to ,80 cents myself. but the routes i drew are very possible also. It would be great to see a pump to 1,20 and making support on the dollar. The market is very unpredictable but ALWAYS makes patterns. On the daily nano finds itseld in a rising wedge, a bearish pattern. But its very bullish that we finally broke out of a multi-year...
So on this big time frame we could still see minor losses like a 50% dip because of bad macro. We know the world is a mess right now. Nano is fundamentally really strong. underneath my personal chart i added pictures.
This broadening wedge is bearish. I put an explenation of the pattern in this idea. Break of the support line is a confirmation. Also on the MACD similarities are found in a prior dip. Target is 65 cents, i case of a liquidity failure nano can brake way lower. Or i case of really bad markets.
Inflation in Europe got worse again. i think the hike rate will be of bearish influence to the market. I think it will make a double bottom at 3500 or brake to 3400 for a short time and than recover to 3500.
After seeing something in my dreams, THIS IS THE BOTTOM
i've been drawing this along several months now. I believe nano will eventually gain support on this wedge an than brakeout towards 12 dollars and/or higher. Your thoughts are welcome.
A while back we went under the main support, this was the ultimate buy option as it seems. NANO dove up several important trendlines, back in the main channel! Recently NANO broke a small resistance and tested it back. I drew on the bigger picture today. It seems that NANO going up is inevitable. Please elaborate in the comment section on my 'idea'. I would like...
I made my first ever trend analysis. It depens on how many new people will invest and trade NANO. But i'm not worried because NANO is getting more and more known. I'm curious to see what the price will do, for now it's just waiting and watching.