NANO:BTC - Short Term Analysis

BINANCE:NANOBTC   Nano / Bitcoin
This is not financial advice.

Indicated in the short position could be a good opportunity for a 5%-10% gain.

If the breakthrough at 135000 occurs in my opinion we could be off to the races up to ~150000 based on what has happened historically.

Depending on what happens with BTC and the rise that could occur, this could setback NANO /ALT's during that period.

Please let me know what you think of my analysis, i'm new to the trading game so any feedback will be appreciated.
Comment: We fell through 116000, next support at 114640

Comment: Due to the BTC drop, this has had a negative affect on the value. BTC support at $8848 then $8729.
Comment: NANO has formed a double bottom @ ~11470, upwards trend could be a strong possibility soon.
Trade closed: stop reached


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