NANO – A strong uptrend | Another price correction?

The NANO market has a created a horizontal trend channel.

As you can see in the 4-hour candle graph, the resistance line has been tested three times before it broke down(marked with a circle).

We could probably see a price correction when NANO breaks over the resistance(opposite of last time).

Or we could see a similar drop in price.

I would wait for 2 green / red candles on both sides of the channel before placing my trade to make sure it’s not a trap.

Comment below what you think is going to happen, and why? What is your trading plan?

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