Hi there,
Been a while since I posted any analysis. Nano has been looking extremely weak for a while now and an apparent H&S formation has been formed with the neckline broken.
The end game target for this pattern appears to be around 0.0003, so watch out for those levels in the next few weeks.
I could be wrong about the H&S pattern though, so this is not investment advice, but if Bitcoin continues to fall, this target is a real possibility.
Thanks!
Smyelar
Been a while since I posted any analysis. Nano has been looking extremely weak for a while now and an apparent H&S formation has been formed with the neckline broken.
The end game target for this pattern appears to be around 0.0003, so watch out for those levels in the next few weeks.
I could be wrong about the H&S pattern though, so this is not investment advice, but if Bitcoin continues to fall, this target is a real possibility.
Thanks!
Smyelar