NANO is at a critical point and needs to break through that trend line to continue its strong push up
The tend line is only noticable in log scale on NANOBTC, not NANOUSD.
If it can break through that line, it has a strong chance of going up a lot higher
If that happens, a large pullback should occur some point in the near future of around 30 to 40% followed by another strong surge up to go even higher
However if it fails to break through expect a hard drop from here
Im not saying it is going up or down, Im just saying this is at a critical point and a large change is expected in either direction.
Even if it drops, the force is strong with this one. Its only a $300m market cap so it is a lot easier to move up than larger coins
Also, Ive noticed strong support at NANOBTC 5000 and NANOUSD 3000 over the last 24 hours
Good luck
The tend line is only noticable in log scale on NANOBTC, not NANOUSD.
If it can break through that line, it has a strong chance of going up a lot higher
If that happens, a large pullback should occur some point in the near future of around 30 to 40% followed by another strong surge up to go even higher
However if it fails to break through expect a hard drop from here
Im not saying it is going up or down, Im just saying this is at a critical point and a large change is expected in either direction.
Even if it drops, the force is strong with this one. Its only a $300m market cap so it is a lot easier to move up than larger coins
Also, Ive noticed strong support at NANOBTC 5000 and NANOUSD 3000 over the last 24 hours
Good luck