Long

NANO/BTC Descending Triangle

NANO found a strong support at 7000 Satoshi level and is holding well. A descending triangle has also formed, which usually results in bearish movement. Regardless, we are near all-time lows which gives us plenty of room for upward growth and a much lower chance of dropping even further.

We should see big price movement in either direction depending on whether NANO breaks below the 7000 Satoshi support (Bearish), or if NANO breaks out abouve the descending triangle (Bullish)

*This is not professional advice*
Bearish PatternsbreakoutBullish PatternsChart PatternsDescending TriangleTechnical IndicatorsNANONANOBTCTrend Analysis

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