CryptographicAnalysis

NANO/BTC Short Term Scalp Trade - Strong Support Reached

Long
BINANCE:NANOBTC   None
We're seeing past resistance turned into strong support being respected; tight stop loss as no clear fallback level underneath visible.

RSI is trending up.

MACD isn't looking bearish.

This is my first Idea, and I'm a very new trader, so any advice is greatly appreciated.

All the best!
Comment:
As we can see, BTC took a drop and much of the market dipped. The beauty of stop losses I suppose!

If anyone sees this, would love to know if they would/would not have taken a trade based on a setup like this.

All the best.
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