MoneyChartz

NANOBTC - Approaching Bottom on daily - Possible Buy Opportunity

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BINANCE:NANOBTC   None
Hello Friends!

Good to be finally back. I had been busy setting up the community website for Lets Go Cryptos. But here I am back with another TA on NANOBTC. Lets get straight to it.

As we see on the daily chart, NANOBTC seems to be forming a falling wedge and the price is approaching the bottom. This is a good place to buy according to me. It is best to wait for a bounce from the support and then enter for mid-long term.

RSI is pretty low as we can see from the chart. Do your research and if you agree, enter the trade.

I have some resistance lines in blue on the chart. Refer those as targets for mid-long term. Also, most importantly, do not forget to set your stop-losses.

Make sure to join the community website. Check out the link on my profile page. See you all there.

Happy Trading!
Kommentera:
NANOBTC is formed a double bottom according to me. We might see some movement soon.


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