bounced on the 0.5 fibb. There's a short term potential for a rally to ~126k satoshi. As long as nano
doesnt keep above that price, i would be bearish
. There are 2 supports verified but not yet tested. Nano
just had a pretty good run, and only based on the chart of binance i would say that Nano
is ending its first cycle now. First, to retest the fibb supports. Maybe later on it will retest the psychological support of 100k. Good news aswell: Its forming a giant pennant
. What we've seen on other currencies is that they can often extend to very long timeframe's. In that case i would consider a Nano
under 80k plausible.