[NANOBTC] Highest volume since Feb. (Retrace incoming - BUY-IN)After such a huge growth, from 0.000127 bottom on 14 Aug to 0.000567 yesterday, it is safe to say that it is time for NANO to retrace.
Here are the next support levels based on the Fib. extension tool:
(1) 0.000398
(2) 0.000347
(3) 0.000295
(4) 0.000230
If I wanted to buy-in, rebuy or reload some NANO, I would do so between #3 and #4. The size of the retraces will really depend on the market and how good NANO does. If the retrace isn't strong enough, then between #2 and #3 should be your entry point.
We will have a better picture after a few days, but sit back, watch and relax to see how far it can retrace.
Also, since NANO was early and strong on its take off, tracking it might give us an idea on how the other alts / Binance coins will also move.
Thanks for reading.
Please like, share, comment and follow for more trade ideas.
Namaste.
NANO-X
NANO: Bullish MovementNANO almost finished an ABC correction. That means another 1-2-3-4-5 cycle will be in play soon.
Lots of altcoins look tasty..Lots of altcoins broke out of bullish patterns. Like this falling wedge on Nano.
Is this the start of altseason..?
- Volume and price are rounding up.
- Doubt in the market (depression phase?)
- Longs and Shorts crossed (Bullish according to history)
NANO ACCUMULATION ZONENano sitting on a strong support zone, good to start accumulat but becarefull with BTC
NANO ETH 4H consolidatingNoticed something w/ the Kijun (base line) in the EMA cloud of the TrendMaster system:
* Tries its best to stay within the EMA cloud
* Sharp right turn or horizontal movement, usually signals consolidation/retracement
* More often than not, fractal prints on the FOMO'd candle (full white candles in this case, with a red down arrow)
* The closer its to the bottom/right-side of the EMA cloud, a good indication that some support has formed—keeping price above/outside of the EMA cloud potentially, increase price higher on an uptrend (vice-versa, lower w/ a downtrend)
Thoughts and/or more insights on this? Thanks
NANO Started To Bounce (New Uptrend Forming) by Alan MastersNANOBTC is bouncing strong on Binance.
After a very strong retrace, August 14th marked the bottom with bullish candle. Huge volume followed the next three days with huge increase in price.
- NANO is now trying to break above EMA50.
- Very strong bullish divergence on the MACD.
- RSI Coming out strong from oversold.
- More bullish action will come.
- This is a very strong breakout.
- Time to buy Bitcoin and Altcoins.
Note: This is no trade advice.
Thanks a lot for reading.
Your support is highly appreciated.
Namaste.
NANOBTC short, pullbackNANO has had a phenomenal run, but the current level in the market geometry is the stopping point until we retrace at least 50% of the move, but not beyond the 2621 major harmonic level
Next $Nano Entry PointBlue is next major resistance, waiting for pull back to yellow to re-enter after a quick 2.5X from green to red.
NANO: FX & CROSS BORDER PAYMENTS? - PROFIT = 315.15% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 201 8.
Using this buy in point and selling at today's peak price as identified by our N EW "Crypto Peak" Trade Indicator, you would have expected to net 140.72% PROFIT! IN 2 WEEKS !
The increase in price may also be explained by positive developments including:
July 11: BitInka adds Nano.
August 4: Nano is considered for Coinbase Custody.
August 17: NANO hits 756 TPS in testing, gets added to 200,000 online merchants.
August 17: Nano is accepted at bitcoinsuperstore.us.
August 22: The Nano Foundation announces the addition of Andy Woolmer in an advisory role. Mr. Woolmer has served as the CEO of New Change FX, a London based firm offering clients independent FX data and measurement tools. Mr. Woolmer joins the Nano Foundation as it looks to expand efforts into utilizing Nano in cross-border payments and integrating into foreign exchanges trading markets.
August 23 : Nano Node Version 15.2 Released.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)
NANOBTC - A positive overview on different timeframesHi There,
Nano is showing some good potential on the last week even with a weak market and it could be bottoming. My main targets will be according to fib retracement and some key points. If market turns on the next months, we could be touching them pretty easy.
Buy Range : 2800-2900
Stop Loss : Close Cadnle Below EMA 20 at Daily/4H or Good point to HODL for Long-term players
Target 1 : 4000
Target 2 : 6600
Target 3 : 8800
WEEKLY CHART
- Nice Weekly/daily Volume action
- Weekly SAR near to turn positive
DAILY CHART
- On the daily, Good support by EMA20. Looking to be supported by MA50
- On the daily, MACD crossed and a very strong move
4H CHART
- Supported by EMA20
- Ichimoku cloud broken and it stay above
- Clear Trendline to put SL if it any candle closes below it
Conclusion:
Nano like others altcoins has lost a lot of value. Its being accumulated and bleed has stopped for now. Thats a good signal because its the best point to buy if you believe isn't going to 0 VALUE. We can expect x3-x4 profits when markets turn to bull in a new altcoin cycle.
Best luck
Keep calm please (25/08) #NANO #Raiblocks - CryptoStationNANO is at dangerous level. I think it will have a deep correction to 3000sts, but I don't think this level can keep the price grow. My respect dip is 2200sts
Follow me for more signals
gamchanging Crypto /w gossip protocol now increasing in ETH BTCNANOBTC is a real game changer, no energy intense mining, complete decentralized idea with gossip protocol.
transactions in NANOUSD are confirmed by other clients using NANOETH. the results are cheaper transaction cost as the network fee in bitcoin or the gas prices in Ethereum.
its just a lite question of time NANOETH become more widely used, more exchanges accepting NANOETH as well
the last month almost the whole cryptomarket seems to going downwards. NANOETH might found at his bottom a turning point with a beautiful upwards trend.
So i try to stay long, maybe a NANOUSD -price from 10-20 USD is possible in the near future (3-18 month)
what do you think of this kind of crypto an hash technology behind NANOETH?
Nano to crash hard around 3 USDWe have a triple sushi roll leading into a peak of around 3 USD and Ichimoku also signaling a bear market. Very unlikely to breakout.
NANO Ascending TriangleHourly NANO/BTC chart clearly reflects an ascending triangle which is generally a bullish pattern in TA. Resistance appears to be around 0.0003170. Traders may consider entering long positions if 0.0003170 resistance is broken. RSI is nearing overbought area, before reaching that critical resistance point I would expect price to retest 0.0002800 levels. Look for a significant increase in volume as a confirmation of a breakout, absence of volume boost will most likely indicate false breakout. If a breakout occurs, 0.0003170 will most likely become our support. If a false breakout takes place, price will move significantly lower triggering price reversal and downtrend.
NANO – Incredible profit/loss ratio 1800%Hi Guys!
Today we have another interesting project for you. This profit/loss ratio is really something big. This is the highest of any crypto we have ever described.
As we are on one of the lowest price levels ever, we assume we can lose 50% from today’s level (more info in the analysis below) and achieve ATH which was 10 TIMES MORE than 0.00028. So from each $100 invested we can lose $50 and obtain $900. This makes 1800% ratio calculated as $900/$50 * 100%.
So what is Nano? Nano is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting. Offers feeless, instantaneous transactions, as well as, unlimited scalability, making Nano ideal for peer-to-peer transactions. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput.
Their ledger .in fact is the global set of accounts where each account has its own transaction chain This is a key design component that falls under the category of replacing a run-time agreement with a design-time agreement; everyone agrees via signature checking that only an account owner can modify their own chain. This converts a seemingly shared data structure, a distributed ledger, into a set of non-shared ones.
In other words with Nano each account has their own blockchain. Each individual user provides the computational power for the verification of their own transactions, meaning the entire network is not required to update the overall ledger together in massive blocks.
They claim they processed 4.2 million transactions with the ledger size of only 1.7GB.
This makes over 10K transactions per second.
Their team consist of 12 people mainly experienced developers.
Colin LeMahieu – creator and lead developer - a software developer for the last 10 years, Colin founded RaiBlocks, now Nano, in 2014. He moved to the project full time in 2017 and is spearheading the development of the core protocol. His interests include space technology, physics, and environmental sustainability.
Nano is ranked on Coingecko as #17 which is a very good result. Their development team is rated at 85% which is one of the highest levels among all cryptos.
They also have a decent group of supporters – nearly 100K followers on Twitter and 41K on Reddit. Nano is also supported by Ledger Nano which is very cool. You can store them in your private cold wallet.
So looking back on the chart.
This time we used many indicators as we think they might be useful this time.
So first of all – Fibonacci level – we are very low on this scale and we actually bounced off from the ground. It is even better visible when Visible Range Indicator is on. With blue lines, there were marked borders of price where 70% of people bought their Nano. We have just bounced off from the bottom blue line. The fair price was estimated on 0.00040. This is our first major target. The next one will be at the top of Visible Range which is currently on the level of 0.0007350.
Also MACD indicator looks promising. Since the middle of May, we have constant growth on MACD. Positive divergence was observed.
On Weis Volume we can see the biggest red waves since a couple of months. Of course, we need more and with very small or no supply (red) waves. Keep that watching.
Ichimoku Cloud – one of our favourite indicators. We crossed TenkanSen for good on 15th of August and for the most of the time, we maintain above. Even last 4H bar was nicely bounced off from red line which is of course TenkanSen.
Set your stop-losses at 0.00022. Just in case.
Guys what do you think of this project? Is it truly innovative?
Please do comment, share your thought and don't forget to follow us in order not to miss the update.
THANK YOU FOR ALL YOUR SUPPORT! :)
Hugs!
WBM Team
NANOBTC: a breakoutThe triangle was broken upwards, while bitcoin didn't move much – a nice indicator of that Nano is strong these days. The price bounced off of the next resistance area (it a clear level on NANO/USD chart, but vs. BTC it is a price range) and now testing the support from the triangle. If it will stay above it, it could serve a nice basis for the future rally especially in the case of bitcoin will go up.
NANO/ BTC ( FLAT TOP TRIANGLE / BOSS METHOD) Nano is currently in a Flat top triangle (Bullish)
Boss Method Also tells me its Bullish
Next Target is the purple circle
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