Looking at the 4 hr
is looking strong. The 50, 100, and 200 day moving averages are looking bullish
and the MACD
has plenty of room to grow. I am using a trend based fib extension and nano
is sitting on top of the .236 fib line and has a bull pennant
formed. I will be watching close at btc
. I think if btc
continues up, nano
will follow. but if btc
falls, i would expect nano
to retrace at least 50% of the current run.
This is not financial advice. I am new to charting and trying to learn. If i have something wrong, let me know.