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Nano

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NANOUSD trade ideas

XNO accumulation cylinder Every cycle there is a distinct long term pattern. 2017 = Ascending triangle 2021 = Inverse head and shoulders 2025 = Accumulation cylinder In my opinion the cleanest cylinder in a while. For now we''ll have to see where point exactly lands over the next few months, after that we can better set out targets for point 9/10 etc. It's been difficult this cycle to determin how this market was playing out, but with time it has become more clear. Massive oppertunity's for accumulation weve had, but who couldve known. All we know now is that you have one more opportunity. Further reasoning for me is that if you look at very cycle the market conditions are very different. And different conditions require different strategies. I am positioned for an explosive year
CRYPTO:XNONUSD
by Maxvgent
1
Correlation: XNO price vs. Bitcoin fees; What's next for nano?I don't believe in charting to predict the future. Charts are about understanding past events - telling us a nice (hi)story through plotted data. According to this chart, the speculative demand for nano is correlated with bitcoin fees. Suggesting users migrate to XNO 's efficiency under high-fee environments. Will that continue to happen in the future? Nobody knows. Can other factors have influenced this observed correlation? Probably, yes. But people who want to use peer-to-peer decentralized money will probably look for competitive alternatives if they can't use BTC in its current (or future) state. Nano, and a few other competitors will always be there for these people. I personally know many who are already doing this. I did it myself a few years ago, and I have no regrets, despite the price action. I'm a user first, and I use cryptocurrencies daily - but I see no point in using Bitcoin because it doesn't meet my current demand for P2P self-sovereign currencies. It is as simple as that. Source: XNOUSD vs. BTC_FEEUSD * Nano is an open-source protocol, with its development led by a full-volunteering team, and run by a decentralized network. Nano is also a cryptocurrency with absolute zero fees and instant settlement (achieving finality in ~500ms). The cryptocurrency XNO also has no inflation, as all units were already fully distributed for free between 2015-2017 for anyone with access to a simple computer + internet.
CRYPTO:XNONUSDLong
by vinibarbosa
2
NANO - Long Idea - 1WHere I am looking at a break of resistance to add a sizable position to my existing XNO holdings. We are looking at a pristine bounce off of the 1.618 retracement for this correction, with a break of downtrending resistance. This is a high conviction play based off fundamentals previously touched on, while this technical entry allows for a dollar cost averaging opportunity into the much longer term hold. The combination of this bounce off previous support, break of resistance/neckline in this inverse H&S is an ideal technical opportunity to coincide with our fundamentals
KRAKEN:NANOUSDLong
by LoganSilver
NANO performance against the general cryptocurrency trend.In January 2018, Nano (Formerly known as Raiblocks) peaked at 37$. A 4.97 billion marketcap which took up 0.589% of the total Crypto marketcap. However, due to the Bitgrail hack, and twas being the peak of the 2018 bullrun, Nano has steeply crashed from that point. Investors of Nano have since lost confidence in the currency, despite being successfully rooted as one of the feeless cryptocurrencies in this space. This has caused the performance of Nano to lose momentum and not reach it's previous ATH in the 2020-2022 bullrun. Despite that, the currency also faced challenges related to spam attacks and questionable actions by the Nano Currency dev team. As a small cap currency that is fully-distributed and non-inflationary, Nano has since been manipulated by big players. Leading to occasional random, unforeseen and unexplainable spikes throughout the bear market. Will Nano once again soar during the next bull-run? Will it reclaim or even pass it's ATH? This is something no one knows and will be revealed with time. Price is about supply and demand. For Nano to make it in this space, it has to provide/fulfill a use-case that is heavily demanded in this world today. Nano needs to be in constant high demand and a reason for users to hold onto for long term for its price to rise. 1. Utility: Yes 2. Good Tokenomics: Yes 3. User-Friendly Interfaces: Yes 4. Community Support: Yes 5. General Sentiment: Mixed 6. High Demand: No 7. Market Liquidity: Low 8. Sentiment towards Development Team: Low 9. Scalability: Questionable 10. Long-Term Vision: No 11. Incentive Mechanisms: No 12. Privacy: No 13. Transparency: No (No regular updates from team) Feel free to discuss about YOUR Pros and Cons about Nano. Thank you for reading
CRYPTO:XNONUSD
by Cryptolistica
Crypto winter is comingIt's been a while since I did my last analysis for XNO. Nobody liked my last idea, ha ha. Therefore, I assume no one will like this one either, well, but I don't care. Anyway, it seems to me that XNO has just formed a huge Head and Shoulders formation. If I am right this formation will bring the price of this cryptocurrency to unexpectedly low values. Even I myself find it hard to believe that this could happen. However, I think that the crypto winter is approaching and only the best projects will survive. I'm keeping my fingers crossed for XNO. This is not financial advice.
KRAKEN:NANOUSDShort
by stanosky
5
Final phase of accumulationSince may 2022 nano has been in accumulation. just like 2021 the chart has formed a inverse head and shoulders pattern, the covid crash (a black swan event) made this possible. this already highly reliant pattern is even more reliable due to the time frame. the longer the pattern te more likely it works out. Targets are the blue lines. the first wave should hit the top of the blue channel arround 2 dollars. for the entire bullish wave im expecting 8 dollars per nano for this market phase. as you might be aware of.. a global ecomomic recession is on the rise. these are very hard to predict and have impact on this chart. ive lately relized that black swan events are part of your chart, you have to take them into account. also it doesnt matter how the price got influenced in the past, every piece of data counts. thats why ive made an even longer term prediction on nanos price. it takes a ≈80% crash into account. keep in mind the time frame on these can change, what cant change are the ranges in the chart. i will be posting that soon, because tradingview doesnt have the entire price history of nano. one thing i know 100% sure, this is breaking out.
KRAKEN:NANOUSDLong
by Maxvgent
9
Long term price predictionThis is my final analysis. At the completian of this mega pattern it could be almost 10 years old. the longest i have ever seen. ive noticed that smaller black swan events dont impact at this scale. but a economic recession does. the previous chart shows me that 8 dollars is the maximum, here the down point is on 4 dollars. both points would lead to arround 1 dollar (recession, 70-80% down). ive added a link to more explenation on this well known pattern. the lower volume closer to the apex seems to be playing out as well. so when we've had a crazy recession and all sorts of shit in the world, people should be calm and we could build again. nano by then being even more resilliant than now. see you in 2026! tutorials.topstockresearch.com
KRAKEN:NANOUSD
by Maxvgent
possible ranges on nanoI expect a short bearish pullbuck to ,80 cents myself. but the routes i drew are very possible also. It would be great to see a pump to 1,20 and making support on the dollar. The market is very unpredictable but ALWAYS makes patterns. On the daily nano finds itseld in a rising wedge, a bearish pattern. But its very bullish that we finally broke out of a multi-year falling wedge. We will see how this moves further, overall im bullish anyway on mid to long term for nano. A bearish pullback would mean buy for me, starting at or below ,80.
KRAKEN:NANOUSD
by Maxvgent
NANOUSD 1WWhat is nano? Nano is a digital payment protocol designed to be accessible and lightweight, with a focus on removing inefficiencies present in other cryptocurrencies. With ultrafast transactions and zero fees on a secure, green and decentralized network, this makes Nano ideal for everyday transactions. How do transactions work?¶ Nano utilizes the Block Lattice, a data-structure in which individual accounts control their own blockchain. This allows blocks to be added quickly without conflict and sent to the network for confirmation. Transactions occur between accounts with two separate actions: The sender publishes a block debiting their own account for the amount to be sent to the receiving account The receiver publishes a matching block crediting their own account for the amount sent Once a block sending funds is confirmed by the network, the transaction goes into a receivable state and cannot be reversed. The receiver can be offline and safely leave the funds in this state until they are ready to publish a matching block receiving the funds to their account. Lightweight, stateful blocks¶ Nano uses a structure for each block which contains all the information about an account at that point in time: account number, balance, representative. Every block must also contain a small, user-generated Proof-of-Work value which is a Quality-of-Service prioritization mechanism allowing occasional, average user transactions to process quickly and consistently. The PoW computation for a transaction typically takes a few seconds on a modern desktop CPU. For more details, see the Blocks and Proof-of-Work specifications in our Integration Guides. Representatives and Voting¶ Nano has a unique consensus mechanism called Open Representative Voting (ORV). Every account can freely choose a Representative at any time to vote on their behalf, even when the delegating account itself is offline. These Representative accounts are configured on nodes that remain online and vote on the validity of transactions they see on the network. Their voting weight is the sum of balances for accounts delegating to them, and if they have enough voting weight they become a Principal Representative. The votes these Principal Representatives send out will subsequently be rebroadcasted by other nodes. As these votes are shared and rebroadcasted between nodes, they are tallied up and compared against the online voting weight available. Once a node sees a block get enough votes to reach quorum, that block is confirmed. Due to the lightweight nature of blocks and votes, the network is able to reach confirmation for transaction ultrafast, often in under a couple seconds. Also note that delegation of voting weight does not mean staking of any funds - the account delegating can still spend all their available funds at any time without restrictions. Because Nano accounts can freely delegate their voting weight to representatives at any time, the users have more control over who has power with consensus and how decentralized the network is. This is a key advantage to the design of Open Representative Voting (ORV). With no direct monetary incentive for nodes, this removes emergent centralization forces for longer-term trending toward decentralization of the network.1 Design Advantages¶ Nano was designed with new data structures, consensus mechanisms and other features to gain some key advantages over competing digital currencies: Minimal block size allows for lightweight communication resulting in ultrafast transaction confirmation times Without traditional Proof-of-Work and mining, nodes use significantly less energy per transaction than other popular networks Emergent centralization forces for node operators are reduced due to the near zero marginal cost of producing consensus in Nano 1 Exploring More¶ Looking for technical details of the protocol and node design? Check out the Living Whitepaper Ready to participate on the network? Try running a node, review integration options or find commands via RPC and CLI Want to know the future of Nano? See the upcoming features for the node or help shape the future by contributing to the development of the protocol if you can! Want to explore less technical aspects of Nano or join our community? Head over to Nano.org
KRAKEN:NANOUSDShort
by TheCryptoChartWhisperer
32
It's happening, the ultimate crashUnfortunately, my darkest scenario seems to be coming true. Nano, is just beginning to close the handle in an inverted cup formation. If there is no upward bounce, we are in for a downward rally. In a nutshell: first, the price will fall to the level of about $0.5 (blue line on the fibo), then there will be a re-test of the Cup and Handle formation, finally, we will face a slow (or maybe fast) decline to the level of $0.08. This is not financial advice.
KRAKEN:NANOUSDShort
by stanosky
1