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spruce_g00se

NANO/BTC - descending wedge breakout - 500% gains vs BTC?

Long
spruce_g00se Updated   
BINANCE:NANOBTC   None
Trend Analysis
4
4
trendanalysis
Here I have drawn straight lines on a log chart, which is always a debatable technique.. but the wedge and the breakout is clear. Tradition profit target would be the top turning point of the wedge at 57k sats. Hopefully we will see this during 2021. With BTC at 40k that means a $24 price target, but we could get 5x or more on BTC from here.. so I'd be inclined to guess a USD price target of $24 to $100.. so.. NANO could still 25x in USD terms from here? The charts suggest so. Anything seems possible in this market right now.
Trade active:
Perfect backtest of the wedge resistance. This trade will take the rest of the year to play out but it will be awesome.. NANO price target $90.
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