NANO – 650% possible earnings – one account one blockchainHi Guys!
Here we have another interesting project for you!
Nano is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting. Offers feeless, instantaneous transactions, as well as unlimited scalability, making Nano ideal for peer-to-peer transactions. The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput.
Their ledger in fact is is the global set of accounts where each account has its own transaction chain This is a key design component that falls under the category of replacing a run-time agreement with a design-time agreement; everyone agrees via signature checking that only an account owner can modify their own chain. This converts a seemingly shared data structure, a distributed ledger, in to a set of non-shared ones.
In other words With Nano, each account has their own blockchainEach individual user provides the computational power for the verification of theirown transactions, meaning entire network is not required to update the overall ledger together in massive blocks.
They claim they processed 4.2 million transactions with the ledger size of only 1.7GB.
This makes over 10K transations per second.
Their team consist of 12 people mainly experienced developers.
Colin LeMahieu – creator and lead developer - a software developer for the last 10 years, Colin founded RaiBlocks, now Nano, in 2014. He moved to the project full time in 2017 and is spearheading development of the core protocol. His interests include space technology, physics, and environmental sustainability.
Nano has a very good note on coincheckup (4,3/5) which makes it ranked on 5th place – WOW.
They also have a decent group of supporters – nearly 100K followers on Twitter and 41K on Reddit.
Nano is also supported by Nano Ledger which is very cool. You can store in your private cold wallet.
Technical details analysis:
Elliot wave pattern finished – expected the new one – uptrend this time
We are at the very low of Fibonacci scale
MACD positive divergence
Weis Volume – no volume yet but set your alarms to be aware of the intensified interest
Fibonacci levels:
Target 1: 0.0009269
Target 2: 0.0012597
Target 3: 0.0015287
Target 4: 0.0017977
Target 5: 0.0021817
Target 6: 0.0026685
Stop – loss: 0.004100
Guys what do you think of this project? Is it truly innovative?
Please do comment, share your thought and don't forget to follow us in order not to miss the update.
THANK YOU FOR ALL YOUR SUPPORT! :)
Hugs!
WBM Team
NANOBTC
#Nano update#Nano is trading at all time lows, since breaking below the descending triangle pattern.
Future support levels are at fib extensions during this price discovery for nano.
Weekly and Daily RSI levels oversold and bearish k-d cross in stoch-rsi.
NANOBTC buy orders hit after retrace to .618My NANOBTC buy orders hit on the retrace to the .618 fib. Next couple of days will be interesting, lets rumble!
NANO CRITICAL MOMENT $%%first of all I would like to thank you, and remember that the market is unforeseeable, tomorrow may fall and restart the low cycle, this analysis is just an opinion, you agree with me, then follow me and contact me I'll be happy to answer them
according to the analysis buy nano -1.05% above the blue line. 0.0004180
YOU MUST CHECK THE BLUE LINE (0.004180) IF IT DOES NOT HAPPEN, DISCARD THIS ANALYSIS AND I WILL MAKE A UPDATE
NANO in a Breakout Pattern.Hey, I am back with another technical analysis, this time looking at Nano .
NANO - Infinitely scalabity, instant transactions and no fees.
I use NANO to transfer funds between exchanges everytime.
Looking at chart.
You can see there is a cup and handle breakout pattern with strong demand.
Very strong Volume that came in.
RSI uptrend and currently in overall uptrend riding on EMA.
When can this pattern fail?
Broke uptrend line and wont come back.
Bitcoin dip strongly.
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 somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.
#nano falling from the triangle. #nanobtc #cryptoNano has broken below the descending triangle
Weekly rsi for nano has been below 30 since 1 month
Daily rsi resistance at 31.8 level
Macd & Rsi showing divergence in 1D t-f
Currently wave 5 is at 1:1 fib extension of wave 1
Next levels of support for nano are at: 3840, 3200 and 1900 sats
NANO looking good!BINANCE:NANOBTC
TA:
- Volume is increasing
- OBV is trending up
- RSI is showing a 4hr Div
- Cloud seem to be thinning but still bearish with a chance of breaking resistance.
Retrace significantly base on the previous run. Thus we could see some form of relief rally at least if it wants to make more downside printing the lower high.
RSI broke out whereas price has not showing more confluence on a buy
I see 47000-49000 as the ultimate low for Nano.The ultimate bottom could already be in. If not, 47000 could be the ultimate bottom according to this analysis.
Accumulating at this level.
I see 47000-49000 as the ultimate low for Nano.The ultimate bottom could already be in. If not, 47000 could be the ultimate bottom according to this analysis.
Accumulating at this level.
NANOBTC - Approaching Bottom on daily - Possible Buy OpportunityHello Friends!
Good to be finally back. I had been busy setting up the community website for Lets Go Cryptos. But here I am back with another TA on NANOBTC. Lets get straight to it.
As we see on the daily chart, NANOBTC seems to be forming a falling wedge and the price is approaching the bottom. This is a good place to buy according to me. It is best to wait for a bounce from the support and then enter for mid-long term.
RSI is pretty low as we can see from the chart. Do your research and if you agree, enter the trade.
I have some resistance lines in blue on the chart. Refer those as targets for mid-long term. Also, most importantly, do not forget to set your stop-losses.
Make sure to join the community website. Check out the link on my profile page. See you all there.
Happy Trading!
NANO IS TRYING TO GET BIG AGAINI shorted a lot the last times and I don't look much at BTC pair for the moment.
I don't know if there is the possibility to trade NANO against USD but i heard a lot of good things about nano, so i decided to check the BTC pair.
When it went to 30 dollars I told to a friend, when it plummet I take bounce of it.
Maybe is now time to get in .
Trend is clearly negative against btc but we are again in buying zone (possible bullish).
RSI is low and I see a divergence (bullish).
MACD too shows some divergences and crossed the signal line(bullish).
Price in the last week is ranging into a triangle and we arrive at the end of it .. decisional moment up or down).
I then checked on bitscreener how it looks like against USD and here also we are in buying zone (3.6 dollars) was the beginning of the sharp increase to 30 dollars.
I think it could be a good moment to go long
BIO
nano open position?I see a 5757 purchase opportunity even with the RSI giving a divergence.
contact, or share your opinion here
thanks and follow me
NANO IN A BULLISH TRIANGLE FORMATION!Happy Weekend trading+!!This will be my last post before a busy weekend, including the beginning of week.
NANO/BTC short term messing around, which is quite a positive sign of stability and resetting of indicators.
As you can see from the chart. It did not, and usually it does not, directly shoot up to wave 3, until it stabilizes solidly on wave 2, while all the shorters and weak hands run out of selling ammo.
This is a Bullish symmetrical triangle, which we can assume from it having higher lows, after touching the bottom of wave 2 at around 5180.
This is also confirmed by the MACD , especially on the 1 day frame, in which it's coming closer and closer to intersection(not shown on this chart as this is relatively short term).
What do I see next for NANO/BTC:
a) Potential breakout on D, if not, E is not too far off. The short term MACD/RSI would also be pressurized enough to reach a point of a breakout(above the 4hr cloud, or approx above 5800)
b) Once NANO/BTC enters the cloud on the 4 hr time frame, it'll become neutral, leaning more towards a bullish out break, and supports/accumulation of buy zones will be formed.
c) As long as bitcoin is looking good, and currently it just entered the cloud on 4hr frame becoming neutral, I'd have quite positive expectations in terms of price for nano/btc as well.
Overall, I haven't traded this symmetrical triangle, it's quite difficult and simply not worth it and I haven't had a lot of time to analyse it in a thoroughly these past 1-2 days.
Disclaimer:
//This is not a buy/sell sign, you decide what do to with your own money!//
Bitcoin Afternoon Update 5/31/2018Good Afternoon,
Bitcoin has bounced pretty well in the last several days (yesterday especially), forming a nice A wave correction. At this point in time, we have likely reached a local top. The DeMarker is at 0.7, indicating we are in overbought levels and the Stoch is overbought and topped out on the 6 hour, indicating we get a B wave down in the coming hours.We have to remember we are still in a downtrend until clearly proven otherwise, and depending on how we interact on these levels we'll be able to tell more clearly whether Bitcoin wants to approach the upper bound trend line, retest the lower bound, or potentially later breakout on either side. On the 4 hour we are inside the Span B cloud, and that acts as a significant resistance area. Based on current price movements, I believe we correct to just under the BBands median (~$7450) before continuing higher upwards - likely to around the 6 hour Span B cloud at ~$7800 - before getting any continued major resistance. All the best with your trading!
Written by:
Philip Raytburg
Research Analyst
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WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
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Nano looking ready for a new pumpSeems like Nano is getting ready for an uptake:
- about to break the triangle resistance
- very bullish MACD
- oversold RSI curving upwards
- very similar to the previous break-out
Follow on twitter!
HUGE WAVE3 NANO INCOMING!Incredible good risk-reward worthy shotHi folks, NANO/BTC again!
Correction time today, but not for long! This is a very different post from last time, but of course in a positive way. Soo, let me begin.
-Few reasons to believe, that NANO/BTC is entering a 5 wave Elliott wave formation(currently on wave 2, best opportunity to enter!):
1. The whole crypto market was in a correction for the past 4 weeks, however nano/btc unlike other coins, corrected a lot lower. Most likely the main reason here could've been the dumping of rewarded Nano/btc coins after the binance competition, but we can leave that aside just for now(winners just shorted it).
2. Nano/btc is oversold on the daily as shown by the RSI, MACD etc etc, almost confirmed by every indicator(could not be fitted in the graph).
3. Bitcoin as well as nano/btc, is looking quite strong, and about to break its own downward channel(similar to Nano/btc).
4. Wave 1(assumed to be), did just right now correct to 0.62 ret. level, which held quite strong, and it's one of the rules in Elliott wave theory, essentially creating wave 2.
5. Most of the investors right now, are waiting on Nano/btc breaking the trend line which would give them a confirmation to buy, if that happens, which has a high possibility at this point, we'd see NANO/btc price receiving a huge volume and a major price extension.
6. Lastly, I do think as announced by NANO'S CEO Colin earlier this month, that they will release the long waited NANO/btc mobile wallets on the beginning of next month, which obviously will affect the price massively(this is just a personal opinion, not insider knowledge or anything of such sort).
To end this loooong post, the current wave count I'll based it right now on the most common wave 3 extension of 2.62 of wave 1, it could also be 4.25.
Whatever opinion you have on the current price, NANO/BTC is a good long term investment, in any case, and this year's current all time low, shouldn't be ignored.(based on the many fundamental characteristics that NANO/BTC possesses)
As always, leave an agree, share or comment any suggestion or your opinion on NANO/BTC or the crypto market in general!
Disclaimer:
//This is not a buy/sell signal, you decide what to do with your own money!//
Nano Regaining its Value.Hey, I am back with another Technical Analysis , this time looking at Nano.
Instant transactions - Zero fees - Infinitely scalable, that is Nano.
As Bitcoin has bounced today from its RSI daily oversold level as I predicted
which led to many alts bouncing too.
Okay, lets just look at chart.
2 uptrends,
2 downtrends lines,
3 start/end cycles vertical lines.
They also are very close to MACD trend changes. So I can say that second cycle should be over by now if Nano can push above EMA line. Downtrend was broken, it still may fall below 5500 as todays candle isnt closed yet , which would mean this Downtrend is still active so be wary of this.
Lets continue by looking at Indicators.
MACD looks ready to change his trend, less and less sellers.
RSI got oversold twice, which was enough for Nano to bounce.
50MA shows that Nano is strongly oversold.
EMA acted as ressistance, I am keeping my eye on you EMA.
I got position at 5148 sat, good isnt it?
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 always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an update .
NANO
After a massive fall, we are experiencing a good return...
We expect Nano to climb up to the midline and in case of success, reach for a higher low.
Stop-Loss : under 0.00050