dr.orientem

NANO WILL IT BREAK OR NOT?

dr.orientem Updated   
BINANCE:NANOBTC   None
I think a lot of people aware that Nano is right now pretty undervalued and it can breakout its downtrend, or maybe it can't we will see.
Comment:
First attempt failed i will wait for next try to good setup
Comment:
This can be good buy opportunity
Comment:
Comment:
Second attempt also failed. ( For the record)
Comment:
Third attempt successful but bad timing because bitcoin was doing correction.

Comment:
Still doing good so far
Comment:
Are we good? :D

Comment:
4360-4370 is good final target i think i dont see beyond that
Comment:
For now
Comment:
I think it wants to go to 4475
Comment:
People are crazy they don't want to buy at 4050 and when price comes to 4300 suddenly they want to buy nano and racing with others :D
Comment:
Nano was wanting 4475 but 4475 was not wanting nano. That was sad story but i was only watching it from neutral percpective :D
Comment:
Comment:
May be it can try one more time if we can get upmovement from bitcoin
Comment:
4475 reached at this try.
Comment:
I am seeing bearish divergences. Price is 4450.
Comment:
There is no TA for whales. They are aware that nano is undervalued and just keep buying.
Comment:
4700 reached
Comment:
Next target 5200
Comment:
But for this it should stay above 4730
Comment:
We are under 4730 for now so here is my plan. I would buy if it comes to 4500-4300 range with 5200 target. And then wait for the 4730 with 6000 target.
Comment:
But problem is depends on Bitcoin bear market can stay more. If Bitcoin continue to drop you can't trade with only looking to altcoin chart.
Comment:
For the bear scenario we can drop and drop and drop :D
Comment:
Nano can move with Bitcoin watch closely
Comment:
As expected price came back to the 4300-4500 area but i am still watching Bitcoin.

Comment:
OMG moon boys panic selling too hard. If you are not buying when price 4050 and then fomoing after 4300 this is what happens next.
Comment:
That was too much selling i have looked for the news and yes it seems like there is a bad news. Wallet problem i think.
Comment:
It doesn't seems like a big deal. They patched it quickly.
Trade closed manually:
BTC made his movement.As i wrote in my BTC analysis it should have stay above the yellow area and failed to stay there. At this point it is risky to trade Nano.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.