I created an analysis recently but I believe this particular analysis is much more detailed and accurate.
Nano may be soon finishing up a 5-3-5 EWT retracement from its ATH .
Currently, it seems Nano may be in a multi-month .
The apex of this is toward the end of 2019...
We may be extremely close to a bounce or the beginning of a 3rd and powerful wave though.
Fibonacci Timezone placement shows a high probability of between June 24th and July 8th.
Considering the showing in the daily and the weekly, those dates would make sense for a significant push upwards.
I would give this a 65-70% chance of being the next bull wave for Nano . 300-500%+ profits POSSIBLE.
After analyzing the data thoroughly, there is a high chance Nano may go slightly lower but not by much unless we experience outright capitulation.
To be completely honest, I'm praying for it.
The on the weekly has fallen through support but appears to be holding strong, for now.
The next 2 weeks for Nano are absolutely crucial and I suspect we will see a lot of sideways movement for accumulation.
Nano has more than respected the Fibonacci Retracements when combined with some basic EWT .
Nano has also respected the zones.
Nano is also potentially in a parallel . A break above and successful daily/weekly close will begin uptrend.
I have marked the most important support zones on the chart.
First warning of a bull wave would be a break of the .
Second warning would be a significant break of, and monthly close above the .618 resistance.
Get ready fellow Nano lovers. I believe THIS analysis ... is the one.
This guys idea shows this is indeed possible. Nice catch :D
Nano you magnificent beast you...
Time to let 'er rip?
At this point the .886 at 1772 sats NEEDS to hold or we're going to have a capitulation event similar to what happened last year.
So far, Nano is still showing bullish divergence in the daily and everything still looks OKAY for at least a bounce. This is a very risky place to be though because of Bitcoin. Grandpa Bitcoin makes another huge move upwards and alts are going to drop like a brick. Be careful.
I truly believe 1300 holds. If not I will be incredibly surprised.
Mad at the same time. But happy.
You a big fan of Nano?