NANOBTC

Updated
NANO-BTC on 1D Chart

Let's not give up on all hope...yet!

Facts to work on:

- We've seen NANO forming an almost symmetrical triangle pattern which was almost set up for breakout (but BTC decided to fall...or whales decided :D )

- the green line is what I consider a readjusted base line for the triangle formation

- we are currently touching this line and we may as well see a bounce from this price level.

- I would also like to belive in a hammer reversal candle for yesterday's close on daily, so let's keep an eye on today's price action and how we will close

* see the last hammer reversal candle from 14th August.

I am looking forward for other suggestions regarding possible upcoming price actions.

I'll keep posting on this, since my entry was at the green dotted line level just a few days ago.
Trade closed: stop reached
Chart PatternsNANONANOBTCTrend Analysis

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