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Nano (NANO) Technical Analysis: Continues To Consolidate, Breakout Possible Soon

Published 09/26/2018, 12:18 PM
Updated 09/26/2018, 01:20 PM
 Nano (NANO) Technical Analysis: Continues To Consolidate, Breakout Possible Soon

Nano has held on to a promising 5.50% gain against BTC in the last 24hrs as excitement builds over breaking news that Coinbase will be looking to add new coins en masse to its platform. Trading volumes have been rising steadily in response to the news and almost all trades have been executed over Binance exchange, which accounts for over 85.87% of Nano’s activity today.

Right now, NANO is consolidating nicely inside a large bullish pennant pattern that has been forming for the last month, since the asset springboarded suddenly from the bottom off the back of what was believed to be a coordinated pump and dump group movement on August 27.

In the last 8hrs, NANO has managed to find support at the 3,480 ...


This article appeared first on Cryptovest

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