Nano in giant multi-month falling wedge!?! I got what you NEED!Hello everyone. I have been outright determined to nail Nano's bottom to within 2-3%.
I created an analysis recently but I believe this particular analysis is much more detailed and accurate.
Nano may be soon finishing up a 5-3-5 Zig Zag EWT retracement from its ATH.
www.elliottwave.net
Currently, it seems Nano may be in a multi-month falling wedge.
stockcharts.com
The apex of this wedge is toward the end of 2019...
We may be extremely close to a bounce or the beginning of a 3rd and powerful wave though.
Fibonacci Timezone placement shows a high probability of volatility between June 24th and July 8th.
Considering the Bullish Divergence showing in the daily and the weekly, those dates would make sense for a significant push upwards.
I would give this a 65-70% chance of being the next bull wave for Nano. 300-500%+ profits POSSIBLE.
After analyzing the data thoroughly, there is a high chance Nano may go slightly lower but not by much unless we experience outright capitulation.
To be completely honest, I'm praying for it.
The RSI on the weekly has fallen through support but appears to be holding strong, for now.
The next 2 weeks for Nano are absolutely crucial and I suspect we will see a lot of sideways movement for accumulation.
Nano has more than respected the Fibonacci Retracements when combined with some basic EWT.
Nano has also respected the falling wedge support and resistance zones.
Nano is also potentially in a parallel downtrend channel. A break above and successful daily/weekly close will begin uptrend.
I have marked the most important support zones on the chart.
First warning of a bull wave would be a break of the downtrend channel.
Second warning would be a significant break of, and monthly close above the .618 resistance.
Get ready fellow Nano lovers. I believe THIS analysis ... is the one.
NANO
Nano/Bitcoin (June 16) #NANO $NANO #BTC $BTC#BUY
Current Price : 1716
Buyzone : Close to 1670 as possible
Sellzone : 1875-2165
Holdzone : 3550
Stoploss : Under 1600
$NANO: Last two months downtrend, Failed breakouts and Binance.Nano had some rough two months, will the conference be able to change the direction of price movement?
Nano's come back for V20Nano's v20 update is coming soon and it will/should be addressing several issues. Nano has been slaughtered since its 2017 highs which much could be accredited the the disaster at BitGrail.
Personally looking for a retest at 2170 to enter.
NANO Potential Gains. Personal analysis to learnLooks like nano is straddling a support line, I believe if it can break through the resistance it could be some heavy gains.
Could be wrong, just collating my ideas to learn trend and wave analysis.
NANO cloud's forming for 5000-5500sat or in near future 5-6$NANO is bullish and some whales accumulating it!
Say hello to John for me, dear.Rounded daily RSI bottom.
Recent trend-line break.
Daily RSI bullish divergence.
Weekly RSI bullish divergence.
Bouncing off the prior resistance of 'my wedge.'
Holding extremely long term support trend-line in RSI.
.886 fast approaching.
2.618 reactionary approaching.
This is my personal chart and I decided to share it.
slowly start accumulating or be upset
Look out for NANO!-Broke key trendline
-Close of the 4H candle above 21EMA
-Next test 4H 55EMA
- NANO social media engagement going up
-NANO UK Meetup on 18th June
$NANO finding lower support if not for Resistance BreakRSI has positioned below trend. MACD and STOCH both with bearish approaches.
A trading opportunity to buy in PPCBTCTechnical analysis:
. Nano/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006400 to 0.005740). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006400)
Ending of entry zone (0.005740)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.007360
TP2= @ 0.007900
TP3= @ 0.008830
TP4= @ 0.009760
TP5= @ 0.010390
TP6= @ 0.010960
TP7= @ 0.011720
TP8= @ 0.013660
TP9= Free
A trading opportunity to buy in PPCBTCTechnical analysis:
. Nano/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.006400 to 0.005740). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006400)
Ending of entry zone (0.005740)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.007360
TP2= @ 0.007900
TP3= @ 0.008830
TP4= @ 0.009760
TP5= @ 0.010390
TP6= @ 0.010960
TP7= @ 0.011720
TP8= @ 0.013660
TP9= Free
NANO lvls18k sats is a good bid - shouldn't drop beneath due to weak sell volume
Could be worth having 12k sats sink bids just in case
NANO ready to explode!BINANCE:NANOBTC has retraced 50% since it's recent high. However, you'll find that MACD has crossed and we have huge RSI bullish divergences on the 1D and 1W charts. Included in this, is a giant triangle. We're looking for a huge bounce through the triangle and up to at least 0.001 sat which would be a 5x from this point, obviously long term but look for a return to 0.0004 short term
$NANO Retesting support at 21k sats..$NANO Retesting support at 21k sats..
UCTS Sell signal on the 8h chart
Volume seems low for now
if it manages to break the descending trendline with volume, we may see a double bottom pattern in play
For now set alerts and wait for the correct conditions to appear.
#NANO
$NANO Looking good...$NANO Looking good...
UCTS Buy signal on the 12h
Volume increasing trying to fly from support
Descending trendline no longer valid
ABCD Bullish pattern can be found
Bullish divergences on RSI & MACD hodling this movement...
#NANO
NANO back down to accumulation rangeNANO has dropped back down to its accumulation range and looks ready to run again
If BTC grinds slowly lower, alts could see major moves
NANO hanging out in supportBack in the support of the trading range
Grabbed some, stop and PTs in the chart
Simple trade