NANO/BTC on the path of reclaiming old glory
On the daily we have a break in market structure to the upside and a proper .705 retrace that we should have been looking for (to the pip actually).
On the 4H timeframe we also have some higher lows and a repeated effort against the resistance zone which is exhausting the sellers.
The strategy is that once we finally break above that resistance, buy on the retrace because that resistance zone should then act as support.
This might be a longer trade and it depends on BTC to be stable or bullish to fully work but it may be possible that NANO will aim at that 90k - 100k target during the next months if all the stars align.
And lastly, I wouldn't like a prolonged period in the DANGER ZONE and falling below it would definitely delay this bullrun for a while.
Also worth noting is that if you take the fibs from the all time low to the top of that daily order block I outlined as the goal for now, the top of the last impulse wave up falls right on the 0.5 level.
This isn't a conventional way of determining targets but it's just some additional confluence for me.
Nanobtcbuy
$NANO #NANOBTC Extensive Technical Analysis- Day Trader ExplainsHello Lads and Ladies,
Welcome back to the TJs Daily TA Session, today requested by Verified Crypto News, we will be looking into NANO/BTC on the 12h timeframe to see what happened and where we are heading too.
Anyone whoremebers my NANO/BTC calls from a few months back, it has been one of my best ones with multiple hundred % and almost a perfect accuracy. Now, I have something special in store and want to continue my NANO/BTC registry to be clean.
Lets start off with a falling/wedge that had a perfect breakout after many months of a pretty string downtrend. It broke out with multiple 100% which is why I say mostly the longer it takes to pop, the bigger the pop will be.
We are taking this "pop" as our main point of view and consider it here as reference and a starting point of the net moves.
Why? Simply because this push showed us a strong support of NANO/BTC and that we are now consolidating before the next move, since the strong downtrend has been ended and now we the next phase of the NANO/BTC or even "alt coin cycle". This cycle is mostly -> Downtrend, accumulation, pops, uptrend, mania/exponential increase.
We have completed the downtrend and seem to be at the end of the accumulation phase. You can see this on the fact that after the pop we had a 61.8% retracement and are staying there pretty much flat while everything else is indicating that people are buying a.k.a. accumulating. One more, pretty obvious indication is that we are going sideways for so long without breaking down but also without a bounce, meaning there is a high interest of not breaking the uptrend and buying NANO/BTC around its intermediate support zone.
Now, lets take a look at the tilted rectangle which shows us the path of accumulation and keeps pretty much all of this action inside. These are mostly buy LIMIT orders getting filled and just some market orders by normal market participants. This rectangle contains at the top a pretty strong descending trend line which when broken, indicates the next pop or the net uptrend.
We are also seeing that we have a curved purple line, acting as well as support and maybe even indicating us the next path of NANO/BTC.
HERE comes the most interesting part about todays session, which I have never explained detailed before on my dailies and will go over in my live sessions with all of my students.
The question is, how do you allocate your curved purple line so it is accurate?
The shorter answer would be math and measures.
The longer answer is that you should take a look at the lowest point of the last "uptrend" and see that its "exit angle" fits almost with its "entry angle".
So, in this case you would first measure the angle of the red downtrend (150), subtract it then from 180 (180-150=30) and get the "perfect" "exit angle" of your uptrend (30).
Now, you have to see where this uptrend fits to the market structure and apply it as a "ray" to see where this might take you.
This ray is most likely going to be your resistance if the entry trend was a support, also works the other way around.
After finding your "perfect" uptrend, you want to apply here a line of 90 degrees, which goes out of this ray. This line is your indicator when broken that you are in an uptrend.
In this case the line aligns with the tilted rectangle and based on that point you can place your curved line.
This method is very affective when done correctly, yet it is hard to understand and you will have to practise it multiple times. If you read it only once and think that you understood it, you most likely didn't and I suggest reading it and comparing it to the chart again.
Now, lets take a look at the indicators.
FOMO is on a sell, which sets us in a nice position to turn into green soon and then start a push.
RSI is flatter as the flat earth theorist brains and ready to make a move to the overbought area again, since it has not been there for quite a long time. Take a look at the yellow circles.. next time we touch the overbought area, we will have a strong push (most likely to our uptrend resistance :wink: )
StochRSI is indecisive, yet LOW and seeming to make a crossing. Which again means, uptrend, push, close above the tilted rectangle and close above the right angle green line originating from our "perfect uptrend".
So, what might happen you ask me? If you still don't know then, you should read a little closer.
Yet, for the lazy readers here.. Basically, some more accumulation in the rectangle, best case test of the 61.8% again and then up, out of the rectangle and close above green line, then push to the dotted line.
This @here is how I will make my trade:
NANO/BTC Binance
BUY 3000 - 2900 - 2675 - 2577
Targets - 3300 - 3625 - 4250 - 4656 - 5585 - (8000-9000 touch of the dotted line)
Stop Loss 2550 (close below)
NANO BUY CALL Trend Line Broke Buy NANO
Hold A week for good profit
It broke major trend line nd macd , rsi showing bullish movement coming
NANO is going to correct and shows good sign for ETHNANO is one of the strongest coin in the market right now with the highest volume. But correction will happen and it is a great sign for ETH!
9374 will be the level that I am looking for to jump in Nano.
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/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: FX & CROSS BORDER PAYMENTS? - PROFIT = 315.15% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 201 8.
Using this buy in point and selling at today's peak price as identified by our N EW "Crypto Peak" Trade Indicator, you would have expected to net 140.72% PROFIT! IN 2 WEEKS !
The increase in price may also be explained by positive developments including:
July 11: BitInka adds Nano.
August 4: Nano is considered for Coinbase Custody.
August 17: NANO hits 756 TPS in testing, gets added to 200,000 online merchants.
August 17: Nano is accepted at bitcoinsuperstore.us.
August 22: The Nano Foundation announces the addition of Andy Woolmer in an advisory role. Mr. Woolmer has served as the CEO of New Change FX, a London based firm offering clients independent FX data and measurement tools. Mr. Woolmer joins the Nano Foundation as it looks to expand efforts into utilizing Nano in cross-border payments and integrating into foreign exchanges trading markets.
August 23 : Nano Node Version 15.2 Released.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)
NANO: 200,000 ONLINE MERCHANTS & 756 TPS - PROFIT = 140.72% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have e xpected to net 140.72% PROFIT!
The increase in price may also be explained by positive development s including:
July 11: BitInka adds Nano.
August 4: Nano is considered for Coinbase Custody.
August 17: NANO hits 756 TPS in testing, gets added to 200,000 online merchants.
August 17: Nano is accepted at bitcoinsuperstore.us.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
$NANO #NANO - end of the pennant is coming - day trader explainsHello Lads and Ladies,
Today we will be taking a look at NANOBTC. A highly discussed coin, that is supposed to achieve great goals in the future. Yet, right now it seems to be slowly bleeding out like most of the altcoins right now.
Taking a look at the daily chart of NANOBTC, we can see that since March 2018 it has been consistently moving inside the red indicated channel. In the beginning we saw a parabolic move, yet failed to repeat it and found ourselves in a descending pennant. The yellow line is the respected resistance within this pennant and the red channel support is as well respected and valid.
The current situation looks still negative for NANOBTC, yet has a chance of finding the light of hope at the end of this pennant.
Right now, we got once again rejected from the pennant resistance and seem to be heading down once again. StochRSI has crossed and is heading down, RSI is 5 points away from previous low - we have pretty much a strong sell signal. Since we do not have the possibility to short NANO, we have to look for the best price to buy in. The best point for doing so would of course be at the end of the pennant at a price range of about 1000 satoshi. Yet, we cannot guarantee that it will exactly hit this price range, without bouncing before that. Therefore, the best strategy would be to double stagger buy orders every 50-75 satoshi all the way down to 1000 satoshi.
The reason for doing so is that the channel support is very strong and has a low chance of being broken. As well, we are in an oversold area, heading to be heavily oversold. The RSI has not been near an overbought region for over 5 months and a bounce from the channel and pennant support would most likely mean a break of the pennant resistance and with it we would be heading towards testing the channel resistance.
- BUY @ 1750 - 1000
- SELL @ 2000 - 2500 - 3250 - 4000
- SL @ 950 - 900
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Cheers, Tomas
NANO Looks to Move Back to 11000! (275% Potential!)is in one of the strongest positions for a massive bull run of any of the coins I've looked at. Currently sitting over 80% from ATH 1.15% (92% down in USD value), NANO 2.04% has been slowly compressing into a HUGE falling wedge . MACD shows strong upward divergence since its last bottom in April, despite being an additional 50% down. MACD made a double bottom and is now showing bullish divergence on this last drop, creating a nice uptrend that should soon be realized by a massive move up. The ADX/DMI indicator has also crossed into the buy zone, crossing in May and getting rejected in June. Also, the daily chart has found support above the UMA, which you can see has served as strong resistance since May. NANO 2.04% is a coin with extremely strong fundamentals; in my opinion, its one of the best candidates for consumer adoption as digital cash since it is instant, easy to use, and fee-less. At the price of $2.75, NANO 2.04% is extremely undervalued but will likely be back to its ATH 1.15% of almost $35 in the next year (a 1275% increase).
Now, my trade setup:
Enter below 4200 satoshis.
Stop Loss: 50% below 3400 and 50% below the falling wedge at 2500, or if BTC -0.10% turns long term bear (only scenario I can think of where it falls to sub 2500.)
Targets are 5000, 7000, 8000, 9500, 11000 (Big One), 13000, 17000, 18600
Ext. Targets are 22000 and 26000
This is a long term trade, likely a year or more.
Remember, this is only my opinion and is not a guarantee. You are responsible for what you do with your money, not me.
Be sure to like and follow if you found this helpful. Comment any questions or countering TA.
NANO SHORT TERM 2X PROFIT? - CryptoManiac101Falling wedge has completed on this chart pattern both on USD, BTC charts. This can signal to upward trend starting shortly or to further downtrend if Stop Loss breaks.
This is a good opportunity for short and medium term investors.
Investors who want to play it safe, do Stop Loss.
Enjoy this trade, advice 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.
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- 29-05-2018 -BUY ZONEDear Friends,
We dont have Complete Chart of NANO before listed in Binance.
only way to find old chart of nano is Coinmarketcap.com
now you can see similar chart before listed in Binance.
*XRB Coin Re-branded to Nano
-RSI is Oversold
-Correction 90-95% Finished
-Ready for Wave 3
Buy : 0.0004950-0.0005100
First Sell Target : 0.0007250
Stop loss: 0.0004650
Reward/Risk=6.40
*Be careful ,Market is panic Because BTCUSD is unstable.
Nano short targetHi All
this is a quick and short update for NANO from my point of view
BP: 0.0005900 - 0.0006000
Targets Will be as Following:
T1: 0.0006205
T2: 0.0006410
T3: 0.0006650
It could more than that and i hope it will but for now lets look on this targets and after we will see.
Best of Luck.
Crypto Stars.
Please don't forget to press Agree and leave comment, I'll appropriate that a lot.
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
NANOBTC curve like movementOn a mid and long term timeframe charts the coin look very bullish. Technical indicators are in buy state, the price moves in curve like pattern bouncing from the trend line. Currently The asset is in oversold state and has bounced from its trend line. The price is about to enter Ichimoku cloud zone hence it should break local resistance. Stoch RSI and CCI confirms the possibility of such scenario. Fundamental analysis is also great: version 13.0 of the Nano Node has been released recently, update becomes more popular each day. The team visited the biggest crypto conference two days ago and plans to integrate in Ledger
NANO HAS A LONG WAY TO GROWGREAT opportunity!!!! Nano has not even reached its all time high once again.
This project has a big future. Get in at these low prices!
NANOBTC Rising
NANO has some serious potential as a currency that could be used on a large scale. If you haven't looked into it, you should.
So I partially transitioned out of EOS into NANO last night at .000919 BTC. Not the best time to get in, the risk to reward profile isn't as good as it would have been 2 Days ago. We are still way below ATH with an upward trend developing. Quoting some rich dude, "buy into the early trend". I don't know. We'll see how it plays out.
Stop-Loss is around .00855 at -7%
+25% could be a good first target, 10% might be more realistic. I'm just gonna watch and see how it goes.
NANO short-term tradeNANO found 78000 sat level as resistance and support multiple times, we believe this time is not an exception.
Looks like support is found once again for short-term and be ready to sell 75% of your position in this trade at first target!
Check our comments to see more analysis of this trade.
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