NANO/BTC -Up trend confirmed by dynamic EMA
NANO - Newly rebranded and previously known as XRB - Raiblocks and added recently to Binance.
After a double bottom, we are on an uptrend as seen by the 55 EMA line now pointing upwards. However a breakout of the 0.0015 level was met with resistance. If BTC holds its value above 7.8k, we may see continuation of uptrend in NANO followed by a breakout of 0.0015 level and possible test of previous highs at 0.0017 levels.
After a double bottom, we are on an uptrend as seen by the 55 EMA line now pointing upwards. However a breakout of the 0.0015 level was met with resistance. If BTC holds its value above 7.8k, we may see continuation of uptrend in NANO followed by a breakout of 0.0015 level and possible test of previous highs at 0.0017 levels.
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