BINANCE:NANOETH is simultaneously testing long term support and converting long term resistance into support in both linear and logarthmic scales. It's highly likely that NANO can only go up from here. A breakdown below long term resistance would be extremely bearish. Support here would be extremely bullish.
Kommentar:
Whoa, as I said, breakdown below long term resistance would be bearish, and boy did NANO accelerate into oblivion. Still looks pretty bad. I don't see any strong signs of reversal. It's pretty close to the all time low on Binance which should hold reasonable support (maybe double bottom here?) -- but if this low cannot hold at 0.0076... it's going to be an apocalypse,.