Long

NANO Bullish Trend Returning Soon

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NANO:USD is getting close to breaking through a very strong resistance that has been present since mid February.

A resistance NANO has been spending most time under and battling the most since February. Not only is it close to breaking a strong resistance but also a downwards trend line.

A break above can be considered very bullish for NANO.

I see 2 possible bullish scenarios:

#1 The short term trend holds strong and we see a break through the resistance as well as bullish sentiment return by November or earlier.

#2 We fall below the short term trend line. NANO follows along the longer trend line from July and breaks above the resistance by mid December or earlier.

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