We are doing Analysis of NANO/BTC on multiple Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Thanks
Anish kumar
Technical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price...
Nano starting to break upwards. Looks like the bulls are in control for now. Bought at 24k with stop loss 22k during the 2.5 months sideways accumulation. Upwards targets are 33k, 39k, and 45.5k.
Technical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
Entry: 5566 (i already entered, bit late post its at 5616 now oops)
Target 1: 6616
Target 2: 7264
STOPLOSS: 5270
possible profit 18.89% - 30.55%
possible loss 5.30%
Risk/reward 3.56 - 5.84
Keep your eyes on bitcoin could throw off the numbers, trail your stop if you'd like to protect gainz.
WATCH NEWS ON NANO, it has a pending lawsuit on it. Could crash like CTR did.
