In my previous post, I shared that if NANO breaks the support at $0.95. It is probable that it will retest the previous low.
However, NANO perfectly holds the 200 moving average.
Further, NANO is still outside the trendline.
If NANO continues to hold outside the trendline and the 200 moving average, it is probably in the long term that it will test the resistance at $0.95, $1.4 and $1.92.
If you buy at this level and the price moves upward, it is a potential 131% profit for you.
However, if NANO fails to hold the said trendline and moving average, it is probable that it will retest the previous low.
Don’t forget to always set your stop loss.
Hit like and follow me for more updates.
Happy Trading!
Please do your own charting and research.
However, NANO perfectly holds the 200 moving average.
Further, NANO is still outside the trendline.
If NANO continues to hold outside the trendline and the 200 moving average, it is probably in the long term that it will test the resistance at $0.95, $1.4 and $1.92.
If you buy at this level and the price moves upward, it is a potential 131% profit for you.
However, if NANO fails to hold the said trendline and moving average, it is probable that it will retest the previous low.
Don’t forget to always set your stop loss.
Hit like and follow me for more updates.
Happy Trading!
Please do your own charting and research.