Technical analysis: . NANO/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 57.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0002900 to 0.0002240). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0002900) Ending of entry zone (0.0002240)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000360 TP2= @ 0.000423 TP3= @ 0.000497 TP4= @ 0.000570 TP5= @ 0.000727 TP6= @ 0.000912 TP7= @ 0.001097 TP8= @ 0.001360 TP9= @ 0.001696 TP10= Free