Wyrlds
04/14/2023
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04/20/2019
Each day around the daily close we've been getting a good reaction from Nano. Today should be no exception. We are looking down the barrel of another strong bullish setup.
- 10 min from closing above the .236 after a successful retest yesterday
- 24h from closing above the .236 on the WEEKLY chart.
- BTC looking strong, and Nano tends to follow it to an extent.
- Our bullish trend line is yet unbroken. We are in the middle of a bullish channel with room to run. Keep in mind if he hit the top or one of our daily targets, I expect to visit the bottom shortly afterward.
Below you'll find a few different perspectives including the daily chart, weekly chart, and then two charts we seem to be adhering to the closest (Fibonacci-wise) intraday.
04/19/2019
Nano is breaking the .5 Fib on the 1h as we speak. I think we have enough momentum to keep going, but this will likely be a small move again. The .618 and (3286 sat) will lend significant resistance (or should) and the .786 (3345) will lend weak resistance. Tonight's target is 3422 where I will again sell half and look to rebuy ASAp.
EDIT: 3278 is .5 for the weekly 1H chart, hitting that now. Last time I posted TA I was using this time frame to evaluate Nano but it did NOT pan out precisely. I missed it by about 30 satoshis, so I re-evaluated and noticed that the 1H chart I'm going by tonight held very true, and I think it will still be in play tonight.
Keep in mind there are multiple perspectives here over multiple periods, but I am overall VERY bullish on Nano. We are closing above the .236 (daily long term) in two minutes and...I'm excited :)
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