#Nano 5 wave impulsive sequence inside a bearish. #crab #nanobtcNano is going for a 5 wave impulsive sequence inside a bearish crab setup, after a smaller bullish gartley uptrend reversal at point D
NANO
NANOBTCI believe this is a dip for NANO. Waiting for a breakout. My first and second target are marked. Let's hope BTC bounce from here together with NANO.
Nano Map - Supp/Res Zones along the wayMy Personal updated NANO map - Buy/Sell Zones
I switched from 4h to daily charts because of the recent BTC action. Higher timeframe altcoin charts are more reliable at the moment.
Possible double bottom forming at 6k sats. StochRSI at the bottom for weeks, RSI almost oversold but MACD is still bearish.
I think for longterm this is a perfect spot. Lets see if 6k holds.
NANO, serious upside potential. 200% taking recent highHi guys,
I bring you NANO.
One hell of a coin.
Since its listing on Binance it hit a low of 6k sats, after which it bounced, pretty crazily all the way up to 16k sats in 4 days. Wow.
Anyways since then, we've gone through a nice accumulation phase which saw us at a bottom of 6800.
We had a small rebound up to 11k recently which was very profitable to a lot of traders, myself included and now we see us eyeining NANO, at the time of writing 6300 sats.
I have here the larger timeframe, Daily chart outlines to see how far we have really retraced.
We've had a previous zone of Wyckoff accumulation, outlined by the massive cup.
and look to be forming once again, another basing pattern.
RSI is once again oversold, on the daily, MACD histogram is looking to roll on over. Not a buy signal yet, but is definitely something to keep on your mind in the coming days/weeks.
I'm expecting RSI and MACD to slowly form bowl patterns after which we should see some pretty solid bounces.
I can already see that the rate at which RSI and MACD (both signal and MACD line) is decreasing towards the downside is slowing down, potential weakness in the bears.
The ladder starts now.
Buy: 6000-6800.
I know its a very generous buy zone, but since I'll be looking to take a swing trade position in this coin, I'm ok with taaking large buy in targets and zones.
Sells:
11k
16k
20k (target from Kucoin)
Let's see how this goes.
This will begin my trading journal of alts here.
Once there's more data here, I'm happy to apply some Elliot waves to this to derive some targets. But for now simple trendlines and basic understanding of RSI bottoming and MACD lines converging will do
Bullish Nano - Full analysisWell ... I see a sexy opportunity.
The Stoch, RSI and MACD indicators are pointing upwards.
Volume is developing in the last days.
Graphic formation indicates a wedge that should break up.
Targets are marked on the target.
The stop line is at 0.068.
If the BTC remains stable, we will have a beautiful Bull Run!
Should it break down, you can hold or buy again around 0.063.
I'd rather hold on.
My bag is ready one more time.... See ya
#Nano 1H RSI level dropping below 18 after breakdown. #nanobtcLet's Backtest #nano-
#nano made Inverse H&S after 1H RSI reached a low of 16.26 with Bullish Divergence, then in 3 days it surged +150% then again in 2 days it dropped till the 50fib .
Right now, #Nano 1H RSI level has dropped below 18 , after the breakdown from symmetrical triangle & 68k sats Support level, however there's no Divergence yet & also no reversal pattern till now , so its time to keep an eye on #nano #Crypto
NANO - RSI oversold on all charts but the daily!Hi guys
NANO is setting up to be oversold on all charts, currently the 4 hour and below are all oversold RSI.
Providing we do not break that white support line we can bounce from this upwards and start wave 3 on the daily chart!
This all depends on BTC aswell though
Nano under the microscopeIf Nano price can get into the 0.0007's with any force then we could see a reversal - Waiting for confirmation but looks promising, definitely one to watch
Nano [DAG Based, No Fees, A Few Second Transactions]long term play on nano, the community is always developing new tools for the project such as brainblocks (a webpage plugin for nano payments), third party explorers, etc
I will be buying in my zone, i need a conformation first. but when this coin pumps, it really pumps
NANO/BTC LONG See very good for long .
Buy zone : 0.0006750-6757sat
sell : 1st : 0.0000750sat
sell 2st : 0.000850sat
NANO Long Very Good MetricsNANO looks very promising, we are in a strong support area, it has the lowest RSI and God Mode levels of all Altcoins I have observed, seems like a real strong buy in the current area.
NANO - the rainbow after the rain - 100%++ gain 1:26 risk/rewardGood day traders,
Today we have a fantabulous trade coming from none other than NANO. Definitely one of my favorite coins to trade. Feel free to review my last idea on NANO which did not hit the other day, but this one we'll likely catch for a very strong third wave.
Entry 7300
Stop 6950
Target 16500, start taking profits from 14K and up
R/R ratio: 1:26
If you have found this to be entertaining at the least or if you hated it, feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
NANO waited too much, because of bitcoin, and still waitingits in support zone, if btc goes up, nano goes up.
its cheap, good opportunity for buy.
Its not an investment advice, just my opinions, do your own research before invest.
Good Luck,
-YD
NANO NEEDS TO BREAK RESISTANCE FOR TARGETS TO HIT THIS MONTHEnjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
NANO/BTC Descending TriangleNANO found a strong support at 7000 Satoshi level and is holding well. A descending triangle has also formed, which usually results in bearish movement. Regardless, we are near all-time lows which gives us plenty of room for upward growth and a much lower chance of dropping even further.
We should see big price movement in either direction depending on whether NANO breaks below the 7000 Satoshi support (Bearish), or if NANO breaks out abouve the descending triangle (Bullish)
*This is not professional advice*
$NANOBTC poised for a breakout $Nano support line bottom reachedNano has hit its bottom support line again after after a tiny bounce from it prior. Now is about the time to start filling those bags. I'll continue to update this so follow me for the updates.
#Nano looks very good and bullish. good R:R setup. #Nano looks very good and bullish. good R:R setup.
good luck
NANO in an Ascending Triangle Breakout Pattern.Hey, I am back with yet another Technical Analysis , this time looking at NANO.
Last time my NANO TA went pretty good , chcek related ideas.
Instant transactions - Zero fees - Infinitely scalable , that is Nano in short.
Lets take a look at the chart.
Nano has broken the downtrend line, when it has aprroached strong demand zone. Currently Nano is Forming Ascending Triangle which is a bullish breakout pattern. I also drawn some ressistances, good for taking profits.
Taking look at the Indicators.
MACD gives some early buy signal, fewer sellers, undervalued, buyers are incoming.
RSI is fighting with the key bullish level of 53.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel!
Hope I made your view on whats going on with NANO somehow clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
