NANO and Wednesdays.

1 May 2019

Theres a lot going on in this chart but it all seems to hold some insight. The down trend seems to be slowing down. But I'd expect one more small dip to be made before it breaks the diagonal line. Once broken, it could still go down to $1.41 but it may also follow the dark fib resistance arc. Finally noticing NANO's association of Wednesdays over the past four weeks by looking at the green sine arcs at the bottom, it seems to either be at its biweekly low or its biweekly high. If this is the case, then, this also validates a smaller drop very soon before reaching higher for the following Wednesday. Not sure how long this cycle will last but could be used to trade. If of course nano breaks the $1.37 mark, then this chart becomes invalid. Keep an eye on BTC as well, since alts are naturally pegged to it. Short term long while valid. Buy dips. Good luck and use a stop lost!