Potential Parabolic Curve Forming
There's a potential parabolic curve forming on the NANO:USD chart.
Another touch and jump off of the curve would strengthen the validity of this formation and help more accurately project the upcoming price targets on its run.
It would most importantly indicate we are going to see a lot of rapid movement upwards with short breaks of a couple days or at most weeks in between.
Bitcoin followed along a parabolic curve breached it and continued to rally further to 47k after having a drop. We can potentially see the same outcome with BINANCE:NANOUSDT if we end up going on a parabolic run.
Either way NANO has incredible fundamentals and a promising future ahead. HODLing BINANCE:NANOUSDT to the top.
Another touch and jump off of the curve would strengthen the validity of this formation and help more accurately project the upcoming price targets on its run.
It would most importantly indicate we are going to see a lot of rapid movement upwards with short breaks of a couple days or at most weeks in between.
Bitcoin followed along a parabolic curve breached it and continued to rally further to 47k after having a drop. We can potentially see the same outcome with BINANCE:NANOUSDT if we end up going on a parabolic run.
Either way NANO has incredible fundamentals and a promising future ahead. HODLing BINANCE:NANOUSDT to the top.
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