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.
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First attempt failed i will wait for next try to good setup
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This can be good buy opportunity
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Second attempt also failed. ( For the record)
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Third attempt successful but bad timing because bitcoin was doing correction.
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Still doing good so far
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Are we good? :D
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4360-4370 is good final target i think i dont see beyond that
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For now
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I think it wants to go to 4475
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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
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Nano was wanting 4475 but 4475 was not wanting nano. That was sad story but i was only watching it from neutral percpective :D
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May be it can try one more time if we can get upmovement from bitcoin
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4475 reached at this try.
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I am seeing bearish divergences. Price is 4450.
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There is no TA for whales. They are aware that nano is undervalued and just keep buying.
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4700 reached
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Next target 5200
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But for this it should stay above 4730
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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.
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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.
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For the bear scenario we can drop and drop and drop :D
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Nano can move with Bitcoin watch closely
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As expected price came back to the 4300-4500 area but i am still watching Bitcoin.
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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.
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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.
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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.