NANO 1D There are many prerequisites for growth

29 Jan 2021

In the weekly digest, we were asked to analyze the NANO coin. Wanted - please :)
But you write fundamental news in the comments, why NANO is interesting and why it should grow.

And we will describe our vision from the TA point of view

For a good six months, NANOUSDT has been accumulating in the zone of $0.70-1.20. Since the new year, investors have decided that it is time to act. Pump result - x5 in less than a week, the maximum value is $5.20.
Now the NANOUSD price is at the stage of correction, but it turns out that buyers are in control of the situation.

Maintaining the NANOUSD price above $3 makes it clear that the major players are planning to continue their growth.
An intermediate target for growth is $7.45, if it works out, we will update the idea.

Also, the idea will need to be revised if the price manages to fix below $3.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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