$XNO Nano is at the end of a triangle now. Most of the time, this precedes moves, with the price compressing like a spring. Time to watch.
My hunch: being conservative can pay off. I'm already bought down low; otherwise, I'd opt to wait. The books say that if a triangle breaks upward it's bullish, downward it's a drop, but I don't always see that.
On my profile I made another post explaining what's happening in the Nano community and summarizing the speculations happening on Reddit. It's worth it.
Keep an eye on the purple line, because a triangle inside another triangle is possible.
Anyway: not financial advice, DYOR.
My hunch: being conservative can pay off. I'm already bought down low; otherwise, I'd opt to wait. The books say that if a triangle breaks upward it's bullish, downward it's a drop, but I don't always see that.
On my profile I made another post explaining what's happening in the Nano community and summarizing the speculations happening on Reddit. It's worth it.
Keep an eye on the purple line, because a triangle inside another triangle is possible.
Anyway: not financial advice, DYOR.
