Buy point in green circle
Currently trending along 1.618 fib circle
I have drawn some trendlines which support the sticky circle and are likely points of a bounce off of the circle
Similar point also in green circle earlier on the chart
Warning: our thoughts are ours; not financial advice.
The only thing constant in the market is change. So it will do you a lot of good if you always readjust your positions as things unfold.
We earlier made a Nano prediction to $13. We still believe this will happen, however, could take more time based on our earlier conviction.
The past 3 days have seen the...
NANO - Next levels
We are halfway to reaching the immediate upper fib level, around $ 5.30. Apparently in a daily view we have come up strongly, coming out of that apparent triangle formation, which in a few weeks could take us to approximately $ 7.50.
In case of a downward correction, we would return to at least $ 4 per coin.
Warning: our thoughts are ours; not financial advice.
Nano seems to have stalled for a couple of days. No remarkable gains or losses. That's because we are at a crossroads.
Nano would either break to the upside or downside.
Whatever happens, it's still very bullish in the long term.
In the weekly digest, we were asked to analyze the NANO coin. Wanted - please :)
But you write fundamental news in the comments, why NANO is interesting and why it should grow.
And we will describe our vision from the TA point of view
For a good six months, NANOUSDT has been accumulating in the zone of $0.70-1.20 . Since the new year, investors have decided...
Since the entry at the beginning of the month returning to the $ 1 level, apparently today the price rises to the Fibonacci resistance marked as level 1, around $ 1.23. In a daily view we see that the RSI is in an almost perfect point to break this resistance again if we find enough buying power.
In a weekly view, we appreciate the importance of it having...
Big decision time again.
What's your position? Up or down? We're still over the descending trend line (check related ideas)
No more words here so far, except yours... Time to buy more or sell?
Thanks!
We are now almost at a very interesting junction where we expect action and price movement.
From the chart we can see that a kind of upward trend has been forming since the last great fall on March 11. Right now the price is at 0.5 Fib, with rising RSI although in a closer view corrections can be expected more downside to the support level 0.382 or already...
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Wow! Surprisingly, or not at all because more coins have sort of broken this resistance line too, we are sitting now around 0.70. Check my previous idea if you wish as well!
And this is what it is from a 1D view:
Almost convincing but still not...
![NANOUSD: NANO - Summer Updates [midMAY-midSEPT]](https://s3.tradingview.com/b/bpIM7G0f_mid.png "NANO - Summer Updates [midMAY-midSEPT]")
