NANO - Summer Updates [midMAY-midSEPT]
Updated
We are now almost at a very interesting junction where we expect action and price movement.
From the chart we can see that a kind of upward trend has been forming since the last great fall on March 11. Right now the price is at 0.5 Fib, with rising RSI although in a closer view corrections can be expected more downside to the support level 0.382 or already following the rising trend line for further decline.
For a medium-term future (end of June) we have the green line that would supposedly act as a resistance. Here you can find where this line comes from, even 2018.
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Whatever happens, action is anticipated. I personally would position myself long to reach $ 1.00 plus less (level 0.786) being conservative since if this crypto is here for long, NANO has good fundamental characteristics to grow in the next years ... But maybe it won't as well. Who knows?
Which side are you? How do you think summer is going to be for crypto?
Greets!
From the chart we can see that a kind of upward trend has been forming since the last great fall on March 11. Right now the price is at 0.5 Fib, with rising RSI although in a closer view corrections can be expected more downside to the support level 0.382 or already following the rising trend line for further decline.
For a medium-term future (end of June) we have the green line that would supposedly act as a resistance. Here you can find where this line comes from, even 2018.
[img]
Whatever happens, action is anticipated. I personally would position myself long to reach $ 1.00 plus less (level 0.786) being conservative since if this crypto is here for long, NANO has good fundamental characteristics to grow in the next years ... But maybe it won't as well. Who knows?
Which side are you? How do you think summer is going to be for crypto?
Greets!
Note
Quite faster than BTC, and no fees. :)Ignored, but it's officially on top #9 with almost 100million market cap. Plz lets give a big shout and a like to thiss!
Thanks in advance.
Note
Ei, this is the best update.Do you remember the green line? So the price action has slightly broken it and found a support there, will see for how far.
[img]
I honestly do not know where this thing will go, only one I'm sure, the closest is zero.
Keep watching!
Many thanks.
Note
Another update. Closer view: this is for the record.[img]
Thanksss!
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