Nano
Short

Patience pays off (update)

As you can see, NANO (XNO) is in the process of forming a bearish flag on the 4-hour chart and in my opinion is looking for the final bottom of this multi-month correction. If you saw my earlier analysis (link below), you can see that I slightly revised the white wedge and the likely price path (yellow dashed line). Currently, I expect the bottom to be around the $0.53 level, where a momentum bounce is likely to occur after the downward false breakout of the wedge.

The above analysis is just my personal opinion. It should not be treated as financial advice.
FlagTrend LinesWedge

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