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NANOBTC

Analytics NANO/BTCThe asset is old, the project exists since 2014. It is noted by an active team and a massive PR. Coin’s centralization is a serious shortcomings, and decisions of the "council" can greatly affect the price. The coin reacts slowly to changes in the rate of bitcoin, in both directions. Note that the asset reacts very roughly with news, which we can observe for the last month. Trading inside the day is difficult, because the price movement, if not get on the news jump, does not exceed 1-3%. Thus, the coin is suitable only for medium-term trading. Ideal points of the move is not observed, there are no strong levels, so should pay special attention to news before opening. The latest positive news - plans for the appearance of a trading pairs with USD, EUR, GBP and USDT.
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by ZOGRAS
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
NLong
by ForecastCity
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
NLong
by ForecastCity
4
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.
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by AlanSantana
26
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.
NLong
by bxcimu
4
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.
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by AlanSantana
26
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
NLong
by cmorak2
5
NANO creating bullish structureNANO is one of the rare altcoins that is currently in the process of creating a bullish structure. The coin broke the 6-month trend line resistance two weeks ago and the follow up was impressive. It pushed higher without coming back to re-test the trend line, which signals that uptrend is strong. Still, there is a room for the coin to come back and re-test the broken trend line. In both cases, the mid to long-term outlook is bullish as long as we stay above the trend line. Hence, any trades to the long side are to be secured with a stop below the trend line. On the other hand, NANO is currently coming back lower from the recent move higher on the H1 time frame. Since the move higher was fairly impulsive, a correction is likely to be limited and the continuation of the uptrend move is likely to follow shortly. Bulls are looking at the zone around 0.000610 to 0.000620, which is a confluence of the 50% Fibbo retracement and horizontal support. If broken, the major level to look for is the confluence of 61.8% - the most important Fibbo level and horizontal support line.
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by WhaleAgents
1
[NANOBTC] Highest volume since Feb. (Retrace incoming - BUY-IN)After such a huge growth, from 0.000127 bottom on 14 Aug to 0.000567 yesterday, it is safe to say that it is time for NANO to retrace. Here are the next support levels based on the Fib. extension tool: (1) 0.000398 (2) 0.000347 (3) 0.000295 (4) 0.000230 If I wanted to buy-in, rebuy or reload some NANO, I would do so between #3 and #4. The size of the retraces will really depend on the market and how good NANO does. If the retrace isn't strong enough, then between #2 and #3 should be your entry point. We will have a better picture after a few days, but sit back, watch and relax to see how far it can retrace. Also, since NANO was early and strong on its take off, tracking it might give us an idea on how the other alts / Binance coins will also move. Thanks for reading. Please like, share, comment and follow for more trade ideas. Namaste.
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by AlanSantana
18