Looking at the 4 hr chart, nano is looking strong. The 50, 100, and 200 day moving averages are looking bullish and the MACD has plenty of room to grow. I am using a trend based fib extension and nano is sitting on top of the .236 fib line and has a bull pennant formed. I will be watching close at btc. I think if btc continues up, nano will follow. but if btc falls, i would expect nano to retrace at least 50% of the current run.
This is not financial advice. I am new to charting and trying to learn. If i have something wrong, let me know.
This is not financial advice. I am new to charting and trying to learn. If i have something wrong, let me know.