A trading opportunity to buy in NANOBTC
Technical analysis:
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0002900)
Ending of entry zone (0.0002240)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000360
TP2= @ 0.000423
TP3= @ 0.000497
TP4= @ 0.000570
TP5= @ 0.000727
TP6= @ 0.000912
TP7= @ 0.001097
TP8= @ 0.001360
TP9= @ 0.001696
TP10= Free
. NANO/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0002900)
Ending of entry zone (0.0002240)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000360
TP2= @ 0.000423
TP3= @ 0.000497
TP4= @ 0.000570
TP5= @ 0.000727
TP6= @ 0.000912
TP7= @ 0.001097
TP8= @ 0.001360
TP9= @ 0.001696
TP10= Free
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.