• Cryptocurrencies: 4008
  • Markets: 22804
  • Market Cap: $271492088716.38
  • 24h Vol: $72981714903.917

NANO: Accumulation Over. Time for 100% Move?

  • Nano has been spotted to reach a 100% move in the next 6 Weeks.
  • Broke out of its accumulation move 10 Days.
  • Volume gaps need to be filled.


What does the technical Analysis say? 

  • On-Balance Volume on the 1D illustrates that there is a move upwards and that accumulation has finished since touching $2.40.
  • Decrease of volume illustrates a large move is imminent.
  • A lot of volume gaps present at $2.29, $2.58 & $2.89 – NANO will seek to touch these.
  • A close today above $2.06 will present a close above 15 MA.
  • Nano for the past month has been flirting under the 15MA, since 15th October has risen above it and continued to trade above it.
  • 15/55/90MA should crossover within the next 2 weeks – representing a bullish and positive momentum on the 6H chart.
  • Currently trading within a bullish pennat as can be seen by the chart below. We should see NANO skyrocket above 2.29 once it breaks above it.
  • RSI Stochastic illustrates the best possible position to enter for an individual is $1.92.

Nouvive views an entry level of $1.92, with a partial take profit at $2.81 and a full take profit at $3.81. We have given this a 83% chance of occurring. 

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