Today I've been looking at old trades I posted on STEEM. I took at look at my old NANO post and as you see in this new chart it has not held. While it is possible that this one stretches to form a leading diagonal off the recent low, it doesn't look good as price spiked a bit below support (blue box), and then only saw a three wave rally. We have a decent probability that price now declines to bottom below the previous spike low, rather than hold the trade that I called out. Price is not moving down impulsively, so I'd likewise call the decline a diagonal as well. As diagonals produce nice reversals, if this is valid, it should produce a fast recovery.
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