NANO - Troubles?Big decision time again.
What's your position? Up or down? We're still over the descending trend line (check related ideas)
No more words here so far, except yours... Time to buy more or sell?
Thanks!
Nanousdidea
NANO - Summer Updates [midMAY-midSEPT]We are now almost at a very interesting junction where we expect action and price movement.
From the chart we can see that a kind of upward trend has been forming since the last great fall on March 11. Right now the price is at 0.5 Fib, with rising RSI although in a closer view corrections can be expected more downside to the support level 0.382 or already following the rising trend line for further decline.
For a medium-term future (end of June) we have the green line that would supposedly act as a resistance. Here you can find where this line comes from, even 2018.
Whatever happens, action is anticipated. I personally would position myself long to reach $ 1.00 plus less (level 0.786) being conservative since if this crypto is here for long, NANO has good fundamental characteristics to grow in the next years ... But maybe it won't as well. Who knows?
Which side are you? How do you think summer is going to be for crypto?
Greets!
NANO - Updates--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
Wow! Surprisingly, or not at all because more coins have sort of broken this resistance line too, we are sitting now around 0.70. Check my previous idea if you wish as well!
And this is what it is from a 1D view:
Almost convincing but still not having all chances to our side. Would be nice by tomorrow if that path can continue upwards trying to reach the next Fib level around 0.83, breaking the 200 DAILY MA to the upside.
If not that orange line coming from previous ideas still is there to play.
Good luck!
One of the most amazing crypto out there...nano.org
Is sort of waking up. Just a recommendation, because it's all about its fundamentals and maybe as well my expectations that it could be a good investment.
...and never has been that cheap so far!