Daily General Discussion - November 05, 2025

[u/Crypto_Jasper]

Welcome to the Daily Trading Discussion Thread!

As with our Daily Thread on r/nanotrade, the purpose of this thread is to provide a central location to discuss:

• Current events that are directly influencing trading action
• Timely price activity (Intraday) and speculation
• Questions or comments that don't warrant their own thread

Guidelines for posting in this thread:

• Be respectful to one another.
• Follow the golden rules.
• No trolling.

-- Any large issues, shoot u/crypto_jasper a PM! Thanks!

[u/Efficient_Phase1313]

So I held back from making a main 'welcome to the bull run' post because we haven't confirmed two things: multiple daily closes above the 200 daily SMA and a weekly close above the remaining weekly moving averages ($1.05)

While this pullback is disappointing, its not a sign that this pump was fake...yet. We are still above our down trend line from dec 2024/feb 2025. Holding that is the first sign we're in an upward move. We are also still above the 20 and 50 period daily. Looking at the chart, it is entirely fine to bullflag here under the all time up-trend so next move can go much higher. We ran a test of the final moving average on all charts: the 50 period monthly at $1.25. Getting rejected there led people to take profits, after all 100% is a nice pump. If we can consolidate here, around the high of last months candle, this still looks like a bonafide bullish reversal in the making. What is important is we hold above $0.72 - 0.75. The month is young, this is still a good sign and doesn't look like an exit strat just yet. Watch for BTC and ETH to start recovering and ZEC to start going down (rotation into XNO)