SUMMARY
NANO/BC price has been moving sideways for a while and if BTC doesn't continue the bounce from yesterday, then it's like to cause NANO to decline per the outlined WXYXZ projected pathway. Given the very sidways action of the price, NANO/BTC can also extend it well beyond labeled zones.
The subwaves at all degrees seem to indicate a lower low and unless price make highs above the prior X; the undertone of this correction hasn't dissipated. When BTC declines, initial effect on /BTC pairs is to rise but should BTC persist on the downtrend, that initial rise gets overruled. Let's see how the overnight price action performs.
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