A truly great opportunity to long NANO against Bitcoin.
Reasons to enter:
1. Bullish SFP on Weekly. Stop losses are taken by big players.
2. Bullish RSI divergence on Weekly. Bears are losing steam.
3. Big falling wedge on Weekly.
Strategy:
Wonderful Risk/Reward Ratio = 5.18 or 14.09
Entry: around 0.000090
Stop loss: 0.000079
Target 1: 0.000147
Target 2: 0.000245
I would recommend taking initial BTC entry value as your profit at Target 1. And let the rest run risk-free towards Target 2.
Please take a look at my trading idea "A relief rally for ALTS is incoming!" where I explain why I think ALTS are due for a big bounce.
Trade safe!
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