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Technical analysis by Maxvgent about Symbol NANO: Sell recommendation (11/1/2022)

https://sahmeto.com/message/2723029
Maxvgent
Maxvgent
Rank: 8793

XNO broadening wedge pattern

Sell
Price at Publish Time:
$0.75414
Sell،Technical،Maxvgent

This broadening wedge is bearish. I put an explenation of the pattern in this idea. Break of the support line is a confirmation. Also on the MACD similarities are found in a prior dip. Target is 65 cents, i case of a liquidity failure nano can brake way lower. Or i case of really bad markets.Still good just move to daily time frame and move the lines a little. its a bit bigger but you can still draw it

Source Message: TradingView
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