$NANO_X NANOBTC Possible Double Bottom - Major Support
NANOBTC is ugly I won't lie but I have been following it because my Profit Trailer bot picked it up. It looks like a pump and dump coin however it is sitting at what looks to be a major support level.
If this current test hold it will form a double bottom and major support.
I placed the green line as support at 0.0008330 Satoshis as that is the low of the 6 Hour candle on 2-15-2018 at 06:00 with the previous candle low of 0.0008350 followed by the current test on 2-18-2018 @ 00:00 and 06:00 at 0.0008273 and 0.0008361 respectively.
RSI has leveled off at 30.2 which is Fully oversold.
Entry: Now - 0.0008484
Stop: 0.000815
Target 1: 0.001020
Risk/Reward Ratio: 9.35
If this current test hold it will form a double bottom and major support.
I placed the green line as support at 0.0008330 Satoshis as that is the low of the 6 Hour candle on 2-15-2018 at 06:00 with the previous candle low of 0.0008350 followed by the current test on 2-18-2018 @ 00:00 and 06:00 at 0.0008273 and 0.0008361 respectively.
RSI has leveled off at 30.2 which is Fully oversold.
Entry: Now - 0.0008484
Stop: 0.000815
Target 1: 0.001020
Risk/Reward Ratio: 9.35
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