There is a possibility of the beginning an uptrend in NANOBTCTechnical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. 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 (0.0002730 to 0.0001250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0002730)
Ending of entry zone (0.0001250)
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= @ 0.000423
TP2= @ 0.000497
TP3= @ 0.000570
TP4= @ 0.000727
TP5= @ 0.000912
TP6= @ 0.001097
TP7= @ 0.001360
TP8= @ 0.001696
TP9= Free
NANO
There is a possibility of the beginning an uptrend in NANOBTCTechnical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. 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 (0.0002730 to 0.0001250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0002730)
Ending of entry zone (0.0001250)
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= @ 0.000423
TP2= @ 0.000497
TP3= @ 0.000570
TP4= @ 0.000727
TP5= @ 0.000912
TP6= @ 0.001097
TP7= @ 0.001360
TP8= @ 0.001696
TP9= Free
Back to 2600 sats then explosion up!Going down for the next couple days / weeks before exploding in October / November.
There is a probability of resuming the uptrend in NANOETHTechnical analysis:
. NANO/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. While the RSI support line and the price support zone in the Daily chart are not broken, Bullish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.010041 to 0.008938). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.010041)
Ending of entry zone (0.008938)
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:
Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on ' 2-Day Hammer ' entry method at 09.06.2018.
Take Profits:
TP1= @ 0.011500
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
There is a probability of resuming the uptrend in NANOETHTechnical analysis:
. NANO/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. While the RSI support line and the price support zone in the Daily chart are not broken, Bullish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.010041 to 0.008938). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.010041)
Ending of entry zone (0.008938)
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:
Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on ' 2-Day Hammer ' entry method at 09.06.2018.
Take Profits:
TP1= @ 0.011500
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
NANO is going on another rally?It seems NANO may have found major support @ 0.0002600 the other day, and now it's on the upside. I've entered a position @ 0.00028 but will be using a stop just in case it comes crashing down again. I've indicated some major levels of resistance to overcome, will be watching this closely! MACD crossed over and RSI is in neutral territory, 20 MA was crossed over on 4 hour chart.
NANO is ready for another run!Bullish confirmation shows an uptrend! pay attention to the level shown in the graph. Great time to buy in Nano!
Good luck!
Nano MissionHow much lower can Nano go?
It'll probably go up after BTC ETF pump-and-dump-buy-the-rumor-sell-the-news...
NANO ETH 1D bullish Ichimoku and TrendMaster* Confluence from sine wave and SMI as well
* Minima from low of Feb 21st, and Maxima at open of March 4th
* Have set an aggressive entry a bit higher than the prev HH fractal's wick
NANO: BreakoutNANO dipped on the 0.618 fib level and has found support. Next to this NANO has formed a falling wedge which is ready for a breakout.
Early Bullish Divergence Building Up (NANOBTC) + Additional signWe were looking for support on the retrace on our last NANOBTC trade idea.
By loooking at the charts, I suggested that the 0.5 Fib. level wouldn't hold, and it didn't, while recomending the 0.382 Fib. level as a classical level that could hold. Yet, I still stay open for this level to be broken and another one be tested, anything can happen always... It is good to know so that you can always be prepared for different scenarios and their outcomes.
NANOBTC hasn't completed its retrace yet, but we have a few signals that are telling us that this fib. level (0.382) might hold.
Full chart:
Early Bullish Divergence Building Up (NANOBTC)
We are going to be using two different indicators for this trade idea, the MACD and RSI.
Please allow me to entertain you for a few minutes, let's start with the MACD shall we?
Sure, why not, let's do this!
You can spot bullish divergence starting to build up on the MACD. This is marked here with a purple line. You can see how the price went down from 6 Sept. compared to 10 Sept. I marked the dates as well so you can easily see it and learn or entertain yourself with this information.
Additional bullish signals for NANOBTC
Large wicks pointing up for several candlesticks.
Bear volume decreasing.
Oversold STOCH.
Bearish signal (RSI)
After that little piece of data, we also have a bearish divergence on the RSI on this time frame. From the 9 Sept. to 10 Sept. we have bearish divergence on the RSI. I marked this with a slightly transparent magenta line. You can see the flat NANOBTC price marked while RSI went up.
Please note that the title pretty clearly mentions the world "early", which means that even though these signals are there they are early in my understanding, so their strength isn't enough for us to confirm a price move.
Another note. The MACD bullish divergence in this case is a stronger signal than the RSI bearish divergence as it has been building for a longer period of time.
You can use this information for your learning of course, as well as for trading and entertainment.
Please keep in mind that regardless of what you read, there is always risks involved and any and all profits or loss you generate/incur during trading, will only and always affect only you. So always make sure that you are confident with the decision you are making, because if something goes wrong, it doesn't really matter if you blame another being for your win/loss, it is your pocket that will benefit/hurt.
So please be wise when you trade.
Alan Masters here...
Namaste.
NANO/BTC Searching for good reentry positionAfter the breakout that happened in 8/23-26 NANO entered a downtrend. On 8/29 it found support @ 0.0003700, bounced back up to 0.0004600 and then went down to around 0.0003700. It appears that this level was also one of the critical resistance points in the past. If it can hold, I will consider reentry. If this support fails, next important support should be found around 0.0003158 sats. Volume has been decreasing since the rally, RSI is nearing oversold area.
P.S. Lately I have been using the 20 Moving Average which seems to be a helpful tool in deciding when to buy or sell, it can be used as a confirmation when the price crosses over the line going up consider buying, alternatively if the price crosses over the line on the downtrend consider selling.
Nano (NANOBTC) - 346% profits in just 12 days (Cryptocurrency)The cryptocurrency market is alive and well, and generating huge profits for common people all around the world. Look at NANOBTC for example...
Nano (NANOBTC) went on a nice run after it hit bottom on the 14th August, generating up to 346% profits in just 12 days (which can be seen on the chart above).
After each move up comes the retrace and this is where we are at now.
Nano's price brokoe the 0.618 Fib. level easily and it is now being supported by 0.5. I believe this one won't hold long and we are looking at 0.382 Fib. for support (0.0002951). If 0.382 does not hold, we look for 0.236 Fib. level next (0.0002308).
On the other hand, if 0.5 Fib. level holds. We wait for consolidation and look for a buy set up. With good support, we can buy in and prepare for another run.
Patience is key. And remember to wait before you buy back into a trade.
This is an educational post to practice and learn. This is no trade advice... Thanks a lot for reading...
Final tip: When you trade, use a stop loss. If you make a mistake have doubts, go long.
Note: This is no trade advice. This is an educational post for your learning and entertainment.
Namaste.
NANO BULLISH FLAG BREAKOUT COMING? VOLUME NEEDEDNano is forming a bullish flag on the 4hour chart. Formation begin mid Aug and flag began during the last few days of August. During this time we saw a 150% gain, I am not looking for nearly as much on this trade, just a simple 10-20% if it follows bullish action.
The red dotted lines are supportive structures I have noticed, I have a tight stop loss around .0004. My riskier entry would look to be around the .0004275 region with a 10% target at the .0004725 level. This can break into a 20%+ gainer within a few day span.
I will be looking for confluence of bullish candlesticks and volume to indicate another upward move..
If supportive structures are broken, my trade will be canceled.
This is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
NANO/BTC current price is .0004117
COMPLETED 4:29pm LOS ANGELES
NANO ETH 1D seems ready from retracementWe pulled back from the previous HH to a bit above Kijun / 0.5 Fib. There was a huge surge in buy volume starting around 430pm HKT, Aug 31st.
Had set some TPs stops for the short term. Can easily see this go ATH if we keep with the current market movement (sideways).
Nano looking strong to reach TargetVolume levels supporting price bullish movement. Realistic target set on spike after the general bullish movement on Christmas.
Theory: Prev Chikou and Kijun PA can indicate SR levels*PA == price action
Circled POI:
* Past Chikou bounces
* Past Kijun
* Current Kijun as 50% Fib retracement
Thoughts? Thanks
A big Inverted Cup & Handle on Bitcoin chart.This Inverted Cup & Handle pattern is visible clearly on every time frame of Bitcoin , also volume decreasing which is Bearish when price rising.
Possible target is around 6600-6700.
This pattern is visible on many other coins charts like ADA , TRX , XLM , ZRX , BNB ,... and even bullish NANO . They following BTC .