I don't know what you see but this looks like a rounded bottom to me. This is the reverse situation to a parabolic ascend, where the price gets a major correction just like what happened to bitcoin
. Now we should expect this parabolic descend with a major upward correction. To make that breakout though, NANO
needs massive volume
, and the volume
bars show no signs of that right now. So we are waiting for some amazing news. Like it can be the release of the mobile wallets, or another major exchange announcement like bittrex or poloniex, or the pruning or whatever. So it might take a while until we get there but the window for buyers and sellers is getting narrower and narrower and everyone is waiting for any good news for this breakout to happen.