NANO Working Out a Wave 3?Been hung up for a bit with some resistance from a trend line (green) after another nice little move.
Seems if it can break and hold above the green line, we could be seeing a nice wave 3, after a classic ABC wave 2,
and yesterdays lovely 20% wave 1.
Lets see how it plays out.
NANO
NANOBTC looking to form long term cup and handle?The chart speaks for itself.
We have triple bottomed around 0.0002300.
Looking for a 100 % gain towards 0.00005200.
LONG
nano BUY THE DIP entry approachingGood swing trade.
I'll make a thread trading the sub waves all the way up.
Link in comments.
#NANOBTC #NANO PLEASE FOLLOW THE TRIANGLE BREAKOUT#NANOBTC #NANO PLEASE FOLLOW THE TRIANGLE BREAKOUT
Please follow in 1H mode and will see the direction of the way up or down
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Lutfen takibe aliniz ve like tusuna basiniz
NANO Cup & Handle Bullish Pattern @alanmastersNANO Isn't really looking bullish to me as it is trading below all major resistance in the form of moving averages, yet, here we are...
Feel free to hit like now, if you want to... and let's continue.
So, MA200 (black line) is the resistance that has been holding NANOBTC price down, if this level can be broken, you can expect strong bullish action.
As for the pattern on the chart and title, we are looking at a Cup & Handle. This is a bullish pattern and if it plays out it can generate good profits for us.
All the details are marked on the chart above. The brown dashed line at the bottom is the stop loss. Remember we always use a "manual stop-loss" to avoid losing money to stop-loss hunters.
You can read more about manual stop-loss here:
Now, regardless if this pattern plays out or not, we have an active trade for NANOBTC which can be found here:
Remember that patience is the key. Whichever altcoin you choose, stick to it, wait patiently and sell on target on the way up.
If the stop loss is activated, we close at a loss and move on.
We do not cry or complain, we simply move on as more opportunities will always be made available to us by mother nature, God, and our Angels.
In the case we win, we are really grateful, we collect the profits and still move on.
This is a money making game. So as long as you are making money you are winning, regardless of what anybody says.
Feel free to hit like if you were entertained.
This is Alan Masters and I love you!
Thanks a lot for reading...
NAMASTE!
Nano - sleeping giant you don't want to missIt seems like since the market insanity back in January 2018 everybody forgets about this gem. Moreover, Nano was a leader of "worst performances" for some time with the maximum retracement in $ value > 95% from ATH. Now it is almost ready to blow.
- The price has been consolidating for 140 days in a narrow range, the 0.786 fib level was clear support, 2680 sats area - resistance with one fake breakout. We see a clear textbook picture of support becoming a strong resistance for the price. Such a long accumulation transferred the majority of coins from the impatient weak hands to the patient market operators.
- At the end of March the price started to go up with consecutive volume growth and the break of the resistance zone. Atm the price is consolidating above the resistance zone and as I think a further pump is incoming.
If we look at the weekly chart with Bollinger bands indicator, we'll see a clear price break above the upper BB-line. IF the weekly will close above the upper BB line, further price expansion is confirmed.
What about targets, in a mid-long term I see the price reaching 7k and 10k sats respectively, do not see any meaningful resistance till the 7k.
NANO - Readly for pullback in next time?ANO - NANO forecast
4H/ 1D - up and minor uptrend
BUY around:
2650 - 2750
SELL target:
2935
3154
3500
3729
Stop loss:
Under 2550
NEWs: List pair NANO/USDT on Binance
#Trungvuz
Nano (NANO), formerly known as RaiBlocks, is a low-latency, high performance cryptocurrency that is built upon a block-lattice data structure to allow for unlimited scalability and zero transaction fees. The Nano protocol can run on low-power hardware, making it practical for everyday use. Nano is also one of the first Directed Acyclic Graph (DAG) based cryptocurrencies. It achieves consensus via a balance-weighted vote on conflicting transactions to allow for quicker, more deterministic transactions while still maintaining a strong, decentralized system without the need for high-power mining hardware as each account each has an individual blockchain to eliminate access issues and the inefficiencies of a global data structure.
#TrungVuz
Nano - Q2WOuld preferable like to see this play out in April, but may take longer. This is looking too familiar to BCH before it pumped
Nano / Bitcoin Technical Analysis: Getting Bigger
Nano / Bitcoin Short-term price analysis
Nano has turned bullish against Bitcoin over the short-term, with the NANO / BTC pair recently advancing to a fresh 2019 trading high.
Price is currently trading close to the former yearly trading high after bulls were unable to sustain the breakout above the January 26th trading high.
The four-hour time frame shows a bullish breakout from a descending triangle pattern has occurred, with the pattern reaching its upside projection.
Pattern Watch
A bullish inverted head and shoulders pattern has started to take shape across the four-hour time frame.
Relative Strength Index
The Relative Strength Index is bullish, although it is starting to correct from overbought conditions.
MACD Indicator
The MACD indicator on the four-hour time frame remains bullish, although the MACD signal line appears overstretched.
Fundamental Analysis
The short term growth follows last week’s announcement that Nano was added as a payment option on Travala.com. Travelers are able to book over 550,000 hotels in 210 countries with NANO, which should positively affect the adoption of cryptocurrency. In addition, Binance has announced that it will open trading for NANO / USDT, which should increase the liquidity of the coin.
Nano / Bitcoin Medium-term price analysis
Nano has turned bullish against Bitcoin over the medium-term, with the Nano / BTC pair moving above its 200-day moving average for the first time since May 2018.
The daily time frame shows that the recent strong advance in the Nano / BTC pair has invalidated a bearish head and shoulders pattern, with the October 18th currently offering the strongest form of near-term resistance on the daily chart.
Technical indicators on the daily time frame are bullish and signalling further gains ahead.
Pattern Watch
Traders should note that the price target of an invalidated inverted head and shoulders is calculated by taking the width of the pattern between the head and the neckline and adding it to the highest point of the right shoulder.
Relative Strength Index
The RSI indicator is bullish, although it is now attempting to correct from extreme overbought conditions.
MACD Indicator
The MACD indicator on the daily time frame has turned bullish and is generating a strong buy signal.
Fundamental Analysis
With the amount of competition in the “payment sector” of the cryptocurrency market, Nano’s medium term prospects highly depend on its team’s ability to increase adoption. By on-boarding new merchants, similar to Travala.com, the team can greatly increase the demand for the coin, and therefore the value of the network.
Conclusion
Nano has an improved outlook against bitcoin over both time horizons, with the NANO / BTC now starting to firm above its key 200-day moving average.
The recent invalidation of the bearish head and shoulders pattern on the daily time frame suggest that the NANO / BTC pair could start to advance towards the October 18th trading high.
NANO (NANO/BTC) - Where to next?Nano just got a USDT listing on Binance + money has moved back into crypto with today's spike in BTC.
If the bulls keep up the momentum, we can see Nano fill the range of its previous upswing and head towards 7,000 sats.
However, if you are long any of the alts you still must be cautious of BTC's dominance, where a spike in BTC (both up or down) can result in big xxx/btc pair drawdowns as money leaves alts to go into BTC (as we already saw today).
Long targets/points of resistance:
- 3,500 sats
- 4,250 sats
- 5,000 sats
- 7,000 sats
Update on $NANO, Cup & handle in play trying to break!
UCTS Buy signal on the 1D
Stoch RSI coming up from oversold values
RSI rising, MACD about to bull cross
Volume rising...
Crossing Ichi Cloud to the bullish side.
Potential targets in chart!
#NANO
NANO Barely Holds Above MAJOR Broken Resistance Quick update on NANO. In my last analysis, I said I thought we could push up towards the 3300 major resistance level, if we continued to hold above the broken diagonal resistance (pink). We dipped below briefly, but managed to find some buying support, despite many people probably falling asleep on this coin, or dumping it to chase other pumps (looking at you, RVN, ADA, VET, and BNB).
If Bitcoin doesn't dump here (in a very sensitive area right now), I think NANO will finally move up and head towards my targets. I added some more to my long term position at 2535 (not an amazing entry, but I'll take it if we move up considerably). I almost sold when we dipped below the trendline again, but so far it's looking okay yet not ideal. Let's see.
Right now, the r/r seems to be fairly good, since a stop loss would be set probably in the mid-high 2300's, which isn't so far away, while the upside could be pretty massive.
This is not financial advice, and I'm not a professional financial advisor. I'm just curious to see if NANO can finally make a sustained move up.
-Victor Cobra
NANOBTCAs we can see in the chart the price is above the cloud and pitchfork is upward and we can expect continue of uptrend. Also EMA20 > EMA50 and that show median uptrend confirmation. And in daily chart Kijun Sen held the price to fall and good support is in here availabe.
If you have any question I will be Happy to help you. Follow me on my Channel..
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NANO Chart FULL Trade [NANOBTC](555% PP) @alanmastersNANO Overview
Launched in 2015 by Colin LeMahieu as RaiBlocks, Nano is a low-latency payment platform that requires minimal resources; making Nano ideal for peer-to-peer transactions.
NANO (NANOBTC) Chart Analysis
This is a very famous cryptocurrency project, I believe it can move soon:
Daily chart:
NANO Has retraced to the 0.786 Fib. retracement level from August 2018 bullish wave. Each time this level was touched, blue arrows, NANOBTCs price quickly bounced up.
Now we have a break above all major resistance in the form of moving averages and a significant increase in trading volume.
With the altcoins market booming, we can expect NANO to move as well pretty soon.
Weekly, long term, chart:
NANOBTC Is now trading above EMA10 with increasing volume and a bullish RSI.
NANOBTC Trade Instructions by Alan Masters Trades
Buy-in: 0.000240 – 0.000260
Next support: 0.000220
Targets:
(1) 0.000280
(2) 0.000310
(3) 0.000340
(4) 0.000370
(5) 0.000400
Longer term
(1) 0.000490
(2) 0.000560
(3) 0.000650
(4) 0.000780
(5) 0.000910
(6) 0.001130
(7) 0.001400
(8) 0.001700
Stop loss: Close weekly below 0.000180.
TRYING HARD TO SUCCEED… BUT I KNOW I CAN
The goal is far away, the treasure is already known.
I am already living the adventure… But some obstacles are hard to overcome.
I wake up, full energy, full of life, full of love… I know that I am awake.
Today life has blessed me with another opportunity… To proof myself, to make it happen, to learn to share.
Being thankful is the beginning for me for all my days.
Some people might not realize it, but I am trying hard to achieve success… And I am happy…
Because I know I can.
Namaste.
There is a trading opportunity to buy in NANOETHTechnical 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 42.
. 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 (0.006670 to 0.006000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.006670)
Ending of entry zone (0.006000)
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= @ 0.016430
TP10= @ 0.019970
TP11= Free
Market Update - NANO/XLM/BTCTaking a break starting today for a bit. Won't be updating my charts until at least Monday. Just outlining some possibilities, since we're still sideways, though some alts are looking strong. Bitcoin and Many alts are at or near major resistances, so now is the time to wait to see what happens. With BTC, I forgot to mention in the video the possibility of a new falling wedge (in green on my chart). This would be very bullish, as it would build buying pressure on the long term bear market resistance (pink).
This video isn't financial advice. It's what I'm seeing in the market today. For educational purposes only!
-Victor Cobra