NANO has been ranging in this channel for almost a month now, however, there seems to be some momentum building up now to get out and move higher.
As you can see, the MACD histogram is ticking higher and RSI is curving up nicely. If this bullish engulfing candle we painted today closes like this, we may have a surprise and see NANO marching towards $5 in no time.
Bias is bullish and I expect a reaction soon from Nano. Volume also confirms my bias. See yellow arrow up.
Next immediate target is $5, after that we will have to check the chart again.
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As you can see, the MACD histogram is ticking higher and RSI is curving up nicely. If this bullish engulfing candle we painted today closes like this, we may have a surprise and see NANO marching towards $5 in no time.
Bias is bullish and I expect a reaction soon from Nano. Volume also confirms my bias. See yellow arrow up.
Next immediate target is $5, after that we will have to check the chart again.
Like and follow if you liked this idea!
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