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NANOBTC

NANO - The "Next Bitcoin" Meme It's been a while! This thing has truly gotten hammered, but even upon the breakdown of the long term 12K sat support, Nano did not drop by more than 20% or so against Bitcoin. Sure, it's back to the $1 level, but it has been near or around that level for an entire year! Despite this, all I see is vocal capitulation for this coin. People keep saying it's dead...yet I also see tons of promising development and exposure. The community has been taking marketing to the next level, and I'm actually pretty impressed. It still has a large social media presence and following, despite its relatively low market cap. This leads me to believe that it is undervalued when compared with other assets in the space. Memes are real in this market. Nano has always been a better option than Bitcoin for payments (and currently the fastest coin in the market), but it trades at low volume and isn't available at many exchanges, particularly in the U.S. I've held Nano since the end of 2017, but bought most of mine between $0.80 and $2. Time will tell if it was worthwhile. In terms of this setup...it seems like it keeps getting bought in the 950-1000 area. The weekly ultimate oscillator, RSI, and stoch are all at rock bottom while they are painting a potential bullish divergence on the daily timeframe. Meanwhile, we're actually BELOW the wedges we were trapped in for many months. I think those trendlines could still serve as important pivot areas. If one were to buy here, I think we could target the wedge support (1220 area) and then the wedge resistance (1500 zone). Both of those areas are extremely important for Nano. If it can breach both, we can look at much higher targets, like 2100 or above. Let's start small though. Stop loss would be below 900, perhaps. Can Nano do it? Let's see. This is not financial advice! -Victor Cobra
NLong
by VictorCobra
9
I just sent Nano to Binance--1.5 min later it was avail to tradeWhoever's been suppressing Nano is prob doing it because they love it and want to buy cheaper OR they know the threat it poses to other coins. I could send $1mm to China for ZERO fee's in the time it takes to send a text message. What would be the cost to wire $1mm anywhere and how long would it take? ATH $40 and on sale for $0.91 usd and gaining on BTC #11 algo score on Coincheckup Right now Nano is at an apex, so keep an eye on it cuz when it moves, it flies!
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by yankecwby
1
[NANOBTC](80%) Hits Double Bottom, Trade Signal InsideNANO (NANOBTC) Just hit strong support marking a double bottom on Binance. The RSI is oversold and the MACD is moving higher while prices move lower, bullish divergence. Let's trade NANO for profits... ------- Pair: NANO (NANOBTC) BUY: 0.0001320 - 0.0001420 TARGET: (1) 0.0001620 (2) 0.0001830 (3) 0.0001970 (4) 0.0002150 (5) 0.0002360 (6) 0.0002500 PROFITS POTENTIAL: 80% (Buy calculated at 0.0001390) STOP: Close weekly below 0.0001200. ------ Thanks a lot for reading. Feel free to hit like to show your support. This is Alan Masters. Namaste.
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by AlanSantana
2
NANO : A Quick Profits Opportunity For The Short Term.#Accumulation_Recomendation Pair : #NANO / #BTC Platform : #Binance RSI : 37.8 Volume : A fair amount of volume circulating on the 1D chart. **Note : Falling wedge triangle pattern formed and already broken out by the past 2 days and trying to form a reversal move by the current candle. We might see some more down ward retrace levels which will be even a good thing to see a stronger reversal trend but need to be above the resistance of the falling wedge which can be taken as a temporary support level. MACD looks to be in favor of the bulls for now and RSI is at a neutral movement but surely will be in a bullish state if volume continues its current momentum. EMA is also on the way to be below the price and for sure will continue to be moving in the current direction if volume made some change and make a boost on the upward movement. Current Accumulation Area : 1650 sats - 1675 sats Distribution Targets Short Term : Target 1 : 1764 sats Target 2 : 1841 sats Target 3 : 1903 sats Target 4 : 1964 sats Target 5 : 2052 sats Target 6 : 2164 sats+ Stop Loss : 1600 sats Risk : High Capital Allocation : 5%
NLong
by cryptotalk_et
Nano bullish wedge after a bearish break outThis one goes a little bit against my personal bias for crypto at the current high prices, but an analyst needs to be objective in my view. So here it goes :) On the left we can see the USD pair, where it broke a clear trend line, but instead of some volume increase and acceleration down, it's moving slowly in what seems to be a bullish wedge. The BTC pair shows a clearer bullish wedge. Make no mistake, if Bitcoin does start to drop big Nanousd will drop as well and will prob break that green support. But Bitcoin is not showing a clear direction and is 50/50 at this moment. So, without any bias here, it looks good at this point. A bit similar as that XRP analysis i did a month or 2 ago. Please don't forget to like if you appreciate this :) The XRP analysis i talked about:
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by botje11
8
NANO Is Looking Quite Bullish, Breaks First ResistanceNANO is looking quite bullish after hitting a low on the 4th of June. We can see a high volume breakout above EMA10, giving it bullish potential. The MACD is also bullish as well as the RSI. Our previous NANOBTC analysis was a good success, we believe that once more NANOBTC will move up. Previous analysis: Thanks a lot for reading. Namaste. This is not a piece of trade advice. All the information shared here is for learning and entertainment purposes only.
NLong
by AlanSantana
7