Nano is relatively new Big player to the market, and I believe the framework of the coin allows for massive upside potential. In my opinion when a coin first opens up with massive volume in a market completely settled upon hype, the TA may be set aside completely. What I believe we are seeing here is a "reset" which allows for the beginning of an Elliot Cycle on this coin. The goals which I have set may be a little high, but I believe that aren't that far fetched because if Ripple could get above 50 billion whats stopping Nano from getting to 10.
Comment:
I guess i was a bit over enthusiastic with my prediction but this chart is still completely valid just spread the movement of my elliots out horizontally