I don't believe in charting to predict the future. Charts are about understanding past events - telling us a nice (hi)story through plotted data. According to this chart, the speculative demand for nano is correlated with bitcoin fees. Suggesting users migrate to XNO 's efficiency under high-fee environments. Will that continue to happen in the future? Nobody...
Here I am looking at a break of resistance to add a sizable position to my existing XNO holdings. We are looking at a pristine bounce off of the 1.618 retracement for this correction, with a break of downtrending resistance. This is a high conviction play based off fundamentals previously touched on, while this technical entry allows for a dollar cost averaging...
In January 2018, Nano (Formerly known as Raiblocks) peaked at 37$. A 4.97 billion marketcap which took up 0.589% of the total Crypto marketcap. However, due to the Bitgrail hack, and twas being the peak of the 2018 bullrun, Nano has steeply crashed from that point. Investors of Nano have since lost confidence in the currency, despite being successfully rooted as...
A nano price to total coin supply makes you realize really quick how fast it could move north given the right conditions and volume. Nano is by far the most energy efficient crypto on planet earth and I think this will be a big draw for users in the future.
Not only is NANO one of the most efficient/less energy intensive coins, but it's also one of the fastest, has ZERO fees and much more. Nano is about the same price as XRP currently, but with far less coins in circulation NANO has the potential to see some massive 10X.. 20X.. moves!
It's been a while since I did my last analysis for XNO. Nobody liked my last idea, ha ha. Therefore, I assume no one will like this one either, well, but I don't care. Anyway, it seems to me that XNO has just formed a huge Head and Shoulders formation. If I am right this formation will bring the price of this cryptocurrency to unexpectedly low values. Even I...
Since may 2022 nano has been in accumulation. just like 2021 the chart has formed a inverse head and shoulders pattern, the covid crash (a black swan event) made this possible. this already highly reliant pattern is even more reliable due to the time frame. the longer the pattern te more likely it works out. Targets are the blue lines. the first wave should hit...
This is my final analysis. At the completian of this mega pattern it could be almost 10 years old. the longest i have ever seen. ive noticed that smaller black swan events dont impact at this scale. but a economic recession does. the previous chart shows me that 8 dollars is the maximum, here the down point is on 4 dollars. both points would lead to arround 1...
Soon braking out. Keep it simple. Possible reaction zones are on my chart. Minimum of 1.85 before June, could go higher. After a pump look for new support, lowest support will be 1.20. if you zoom out there are way bigger patterns at play. Nano can go 100x easy by 2025.
I expect a short bearish pullbuck to ,80 cents myself. but the routes i drew are very possible also. It would be great to see a pump to 1,20 and making support on the dollar. The market is very unpredictable but ALWAYS makes patterns. On the daily nano finds itseld in a rising wedge, a bearish pattern. But its very bullish that we finally broke out of a multi-year...
What is nano? Nano is a digital payment protocol designed to be accessible and lightweight, with a focus on removing inefficiencies present in other cryptocurrencies. With ultrafast transactions and zero fees on a secure, green and decentralized network, this makes Nano ideal for everyday transactions. How do transactions work?¶ Nano utilizes the Block Lattice,...
Unfortunately, my darkest scenario seems to be coming true. Nano, is just beginning to close the handle in an inverted cup formation. If there is no upward bounce, we are in for a downward rally. In a nutshell: first, the price will fall to the level of about $0.5 (blue line on the fibo), then there will be a re-test of the Cup and Handle formation, ...
So on this big time frame we could still see minor losses like a 50% dip because of bad macro. We know the world is a mess right now. Nano is fundamentally really strong. underneath my personal chart i added pictures.
This broadening wedge is bearish. I put an explenation of the pattern in this idea. Break of the support line is a confirmation. Also on the MACD similarities are found in a prior dip. Target is 65 cents, i case of a liquidity failure nano can brake way lower. Or i case of really bad markets.
...a big flush is coming? This giant inverted Cup and Handle formation caught my attention back around April of this year however it was too bearish even for me. Today I thought that sharing this idea might save someone's butt. I'm probably wrong but this portal is just for that, right? I know, I know, my ideas are slowly boring everyone but who would I be if I...
It seems that I was looking at the wrong wedge(s) all along. Now that I look back at my previous ideas, it seems obvious. The time scale makes a difference. The problem with wedges is that they can evolve as time passes and something that was previously seen as a winding path now appears to be a single step in a larger structure. You can see what I mean by...
Bitcoin itself I still believe has more downside to come whether a bounce to 52k first or not, other alts such as Nano seem like good choices for the future, question is when is a good price to buy? Here I've outlined where id be interested, its a fairly risky play as liquidity is tiny on this asset, I have bids all the way to 10000ths of a penny incase of a...