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 that is weak reaching oversold levels.
The 0.786 Fib. retracement support of the wave since the September low was hit has been activated, while the bear 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.
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.