Long
🎓#SpotTrade 🎓 $NANO / USDT 🎓
🔸 Signal Info: Nano
Rank: #61
Exchange: Binance
Direction: LONG
🔸Analysis: Nano has been pretty heavily hammered on both the USD and Bitcoin base pairs. The fib levels set here are off extreme high and low wicks and they appear to be legit based off previous price action. We are looking at the 12h time frame here, and our PXI indicator signals a buy.
Risk on the trade is above average considering the conditions in the market. Profit levels are also above average, so just considering the volatility we are dealing with before opening a position.
Higher level targets might be out of reach for a week, but if we can keep this position open long enough, this could also be a brilliant long term entry.
🔸Current Price: $0.3680
❇️Entry: $0.3430
🎯Take Profit: $0.4730, $0.6050, $0.7960
🔸Stop Limit: $0.2975 (-13%)
Rank: #61
Exchange: Binance
Direction: LONG
🔸Analysis: Nano has been pretty heavily hammered on both the USD and Bitcoin base pairs. The fib levels set here are off extreme high and low wicks and they appear to be legit based off previous price action. We are looking at the 12h time frame here, and our PXI indicator signals a buy.
Risk on the trade is above average considering the conditions in the market. Profit levels are also above average, so just considering the volatility we are dealing with before opening a position.
Higher level targets might be out of reach for a week, but if we can keep this position open long enough, this could also be a brilliant long term entry.
🔸Current Price: $0.3680
❇️Entry: $0.3430
🎯Take Profit: $0.4730, $0.6050, $0.7960
🔸Stop Limit: $0.2975 (-13%)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.