Even if only by a few sats, it is still a higher low.
➖ In May 2022 NKNBTC bottomed at 0.00000230.
➖ In January 2024 NKNBTC bottomed at 0.00000235.
That's a long-term higher low or double bottom, works the same as a reversal signal.
➖ We also have a "volume breakout". Yesterday's volume was the highest since June 2023. Another reversal signal.
➖ NKNBTC is trading literally at bottom price yet the RSI is above 50 (bullish/strong).
➖ NKNBTC is trading above EMA50 which opens the doors for medium-term growth (1-3 months minimum). As it moves and closes above long-term moving averages growth potential for longer periods of time is confirmed.
"Bottom prices" means low risk vs high potential for reward.
For example:
✔️ Risk can be 20% or 30%.
✔️ Growth potential can go to 400%, 600%, 800% and beyond.
Let's move on to the next one.
Thanks a lot for your continued support.
Namaste.
➖ In May 2022 NKNBTC bottomed at 0.00000230.
➖ In January 2024 NKNBTC bottomed at 0.00000235.
That's a long-term higher low or double bottom, works the same as a reversal signal.
➖ We also have a "volume breakout". Yesterday's volume was the highest since June 2023. Another reversal signal.
➖ NKNBTC is trading literally at bottom price yet the RSI is above 50 (bullish/strong).
➖ NKNBTC is trading above EMA50 which opens the doors for medium-term growth (1-3 months minimum). As it moves and closes above long-term moving averages growth potential for longer periods of time is confirmed.
"Bottom prices" means low risk vs high potential for reward.
For example:
✔️ Risk can be 20% or 30%.
✔️ Growth potential can go to 400%, 600%, 800% and beyond.
Let's move on to the next one.
Thanks a lot for your continued support.
Namaste.
Note
Perfect bullish chart setup for NKNBTC: Support level was breached but followed by a quick recovery; a bullish signal.
The action is now moving above EMA100 and this is the 3D timeframe; a major bullish signal.
Massive growth can easily follow.
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.