Price Analysis: NANO / BTC (Binance)

in #cryptocurrency • 6 years ago

Summary:

NANO, Then having a big upward movement comes in correction quite strong but still above its uptrend, so I recommend.

Investment:![NANOBTC-H4-29-Aug-2018-1200x610.png]

For the graphic in the frame H4

1st Buy at the touch of the Inner Trendlines “A”, starting from 0.000400 Sat and keeping track according to the projection of the trend

Take Profit 1 = 0.000560 (30-40%)

Stop Limit = Calculate at 4% or 5% as Maximum from the point of BUY

In the case of losing the Inner Trendlines “A”, I recommend waiting for the fall of the price again to the supports more amounts identified in the graph and evaluate BUY at those levels (Support “A” = 0.000300 Sat)

3.- The MACD and RSI indicators in this frame identify a break in the uptrend’s chart, for this reason we are seeing a big setback, which will resume when it gets flat again and that can be at the levels of the inner TrendLines “A”.

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6 years ago in #cryptocurrency by
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