As expected we've had a great weak with this little guy With the divergence of alts vs BTC, it looks like the FASTEST crypto bar none may just go ahead and have another good week to finish out a great month We'll see Go NANO GO! I've been doing some day trading with 1/4 of my Nano holdings which has been extremely profitable but I aint selling my core position...
The downward channel converges with the 225BB median line at 8,320 at arrow which COULD be time accurate as well. This should also be an area where algo's kick in too Good Luck!
EW rules are good when they align with ones bias right?
How many steps down to reach the target? elevator down now?
If we break below the bottom of the 225BB (Standard deviation) SD, we're likely to drop to the 605BB median line around $8.450 on the 4hr That should catch us but if we continue to fall (unlikely IMO) next stop should be the bottom band of the 225BB 3.2 SD (green band) around $7,700 These 3 bands have worked incredibly well for some time, especially the 605BB on...
We wicked off the .382 If we don't retrace here and continue lower, I think we might be headed to $7,700-7,500 which is the median line for the ultra-dependable 605BB Not investment advice, just my ass. I mean opinion
I threw together the count prior to this impulive 5 wave structure on the fly so probably some errors within but I see this as a definite 5 waves up to test the upper TL
I expect wave5 to end at the bottom of the 605BB on the 30 min TF The 605BB has been a dependable band on most TF's This should act as an area of support to end Wave5 but I expect further downside to the median line on the 4hr TF which would finally give us the 40% correction needed to go long * Don't follow me blindly Trade your own plan I'm far from an...
Nano is officially free Looks like the bear whales are beached for the moment They've been "Beaches "for quite some time and are not a protected species If you are one of the "Beach" whales, No offense
Either way, I think it'll be a good week for Nano
Chart speaks for itself Fundamentals speak for the project 40X back to ATH's Seems reasonable for the fastest coin with ZERO fees Murders BTC on fundamentals as a currency
This is my subjective count ATM
At $111 usd with an ATH of $1,642 and < 9mil CS entering altcoin season, could ya really go wrong?
Same support, new resistance TL which should break in next few days. Keep your eyes on it. If BTC doesn't dump and trades laterally, Nano has a good chance of becoming totally free with enough Love for him, the fastest little coin PERIOD (low circ supply) I've always converted to btc to ltc to send to a different exchange if I wanted to get in on a trade on a...
If volume shows up there could be some big gains. I'm not familiar with this coins behavior so that's about all I have for ya!
All waves appropriately subdivide on lower TF's and as you can see, what looks like should be Wave3 doesn't make the 1:1 so Wave3 hits the 1.227 to the tick. Which means Wave5 should hit the median line of the 605 BB around $8,150 (green box) at the minimum IF it's a very short Wave5. If Wave5 is a 1:1 of Wave3 it will fall to the 2.227 fib ext (red box) at...
After spending almost 1 year in a triangle, Nano has broken out at the apex & just opened the 8 hour with a bullish start Looks like it's got some volume & volatility based on the 21% wick on the new 8 hr which has happened as I've been typing. Fastest coin, no fees, scores #11 on Coincheckup's algo scoring Sorry, don't have any targets just yet...will update
Which is pretty bullish IMO