#NANO #BTC MY ANALYSIS ON CRYPTOCURRENCY #01steemCreated with Sketch.

in #steem7 years ago

NANO broke previous wedge but may have formed a new one using a previous resistance diagonal trend line. Not much history to go on here! Having bounced from 50% to 78.6%, the price is now sitting on the 61.8% fib, with an upward pointing RSI and MACD with the latter looking for a recross.
Looks like some bullish hidden divergence on RSI too. Finally, the price is sitting at the bottom of the Bollinger bands and is supported by the Ichi cloud.
All this on the 4 hour; 1 hour also showing good signs but 30 min may have a bit of work getting through a thickish ichi cloud.

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