Long
Price analysis in NANOBUSD - Upward triangle formation
Technical analysis regarding the price of NANO in relation of dollar attached to Binance for the next scenarios, based on 4 hour movement.
There was a strong correction, causing the price to close further below its value. From 2,234 onwards it started to rise, leaving funds and ascending tops, making a graphical projection of an ascending triangle.
The price has accumulated and the chance to break this resistance, which has already occurred 3 touches, is a very good one, for the price to continue its upward trend (since the graphical formation of the ascending triangle is bullish and a continuation pattern).
Designing this channel based on mathematically (Fibonacci), which coincides with the maximum price top, in its impulse wave.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
There was a strong correction, causing the price to close further below its value. From 2,234 onwards it started to rise, leaving funds and ascending tops, making a graphical projection of an ascending triangle.
The price has accumulated and the chance to break this resistance, which has already occurred 3 touches, is a very good one, for the price to continue its upward trend (since the graphical formation of the ascending triangle is bullish and a continuation pattern).
Designing this channel based on mathematically (Fibonacci), which coincides with the maximum price top, in its impulse wave.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.