Nano (NANO/BTC) + BTC/ETH/LTC Technical Analysis!

in #cryptocurrency6 years ago (edited)


Youtube:

Nano Update.png
NANO W.png

Weekly

Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum is in favor of bulls. Dynamic resistance being tested at 3500, followed by our dynamic support at 2300. Will watch smaller timeframe for entry, last time we were at this price was back in August.
NANO D.png

Daily

Shifting over to our pattern timeframe we see price is stuck in consolidation between 3000 and 3200. Stochastic RSI showing momentum is in favor of bears, a daily close above 3200 activates our trade. Expecting price to sell off towards 2000 before we see a daily close above 3200.

Link To Chart

Conclusion

  • Buy: After Daily Close Above 3200
  • Sell: Nooo

Steemit_Ending.gif

Comment Down below what coin you want me to do next! ;)

Thank You for Your Support, Upvote and Follow!!! New Blog and Video everyday

Social Media:
Twitter
Instagram
InvestFeed
Tradingview

Crypto Trading W/ Leverage
How to Draw Trend-lines & Identify Trends
How to Draw Support/Resistance, Price Only

Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.


▶️ DTube
▶️ IPFS