NANO/BTC approaching Supports: should bounce soon ?

29 thg 4, 2019

Nano has been retracing most of the recent climb.
It is now approaching some strong support zones.
If all 3 zones fail, it will be catastrophic for bulls!

27xxx sats should offer at least a dead cat bounce.
262xx might catch a spike of stop hunt below 2700.
255xx is Bulls' Last Stand, below which is Doom!

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See some of my other ALT coins plots below.
I also plot Forex and some Stocks, check my profile page.

IOTA bounce

WTC top

ADA breakout

XLM breakout

DASH top

ONT top

Of course, I have had total FAILS on some plots as well, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops losses, and EXACT take profits.
Precision is the way of the Fib. Direction, however, is where the Trader comes in.

9 thg 5, 2019

Ghi chú

Nano is in bad shape against BTC, like most alts right now it is breaking supports and then confirming them as resistance, a very bearish sign. So until it breaks above a resistance and confirms it as support, it is too risky to buy.

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