SWING TRADING STRATEGY
Nano in accumulating phase for more than 1 year, that means majority have the price around the channel (red lines)
This is just the start of the strong bullish, for the start i will predict it using swing trading strategy
Higher high created and MA 100 crossed with MA 200 that means NANO is bullish
The channel (Red lines) is strong enough to be support and resistence, i predict that the price will go down first because MACD is almost create dead cross, if the dead cross happen the price will go down to the support
Buy Entry : 966 - 1100
Target 1 : 1232
Target 2 : 1396
Target 3 : 1605
Target 4 : 1714
Stop Loss : 881
Enjoy the profit later
Nano in accumulating phase for more than 1 year, that means majority have the price around the channel (red lines)
This is just the start of the strong bullish, for the start i will predict it using swing trading strategy
Higher high created and MA 100 crossed with MA 200 that means NANO is bullish
The channel (Red lines) is strong enough to be support and resistence, i predict that the price will go down first because MACD is almost create dead cross, if the dead cross happen the price will go down to the support
Buy Entry : 966 - 1100
Target 1 : 1232
Target 2 : 1396
Target 3 : 1605
Target 4 : 1714
Stop Loss : 881
Enjoy the profit later