NANO looking strong long and medium term but weak short term.

NANO has formed a cup and handle and is now fighting to cross out of the wedge charted above. MACD and Stoch show bearish signs and is likely that NANO will correct before proceeding with this rally. For very high probability of returns wait for confirmation above the wedge to place your long.

Hopefully we see BTC stabilize but if not the alts will take a beating and NANO will be no exception.

-Azymetry