AlanSantana

Nano's Correction Coming To An End | 65%+ Mid-Term More When...

BINANCE:NANOBTC   None
I noticed that reversals for Nano can be violent, while the bullish waves can go really fast but pretty strong, so high profits.

Here we have NANOBTC on full correction mode, hitting what looks to be the bottom of it.
Right now sitting on a higher low, NANOBTC has an RSI that is weak reaching oversold levels.

The 0.786 Fib. retracement support of the bullish wave since the September low was hit has been activated, while the bear volume has been really low. Another strong signal telling us that NANOBTC might have found support.

As seen by the long green arrow on the chart, there is potential for a strong bounce here.

Bear action
If prices move lower and close below the last low at 0.0000890, many of the above signals lose their strength. Strong support can be found at 0.0000822.

It looks like the altcoins market is going to have a great beginning in the year 2020.

Wishing you great success and profits in the year 2020 and beyond.

This is Alan Masters.
Your friend.

Namaste.

✅ Free Cryptocurrency Charts & Trades 👉 https://t.me/ascryptocurrency

📲 GET PAID! 5 PREMIUM Telegram Channels 👉 https://t.me/asgetpaid

💯 Spiritual NFTs (Coming Soon!) 👉 https://opensea.io/AlanSantana

Related Ideas

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.