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Newkindofnetwork

New Kind of Network (NKN)NKN or New Kind of Network, is a network that focuses on creating a decentralized and open-source network protocol for public blockchain-based peer-to-peer (P2P) networks to share network bandwidth and internet connectivity. Anyway, after NKN went up more than 8000%, correction started which toke NKN down to the major horizontal resistance area. NKN oscillated there more than two years. Now, it seems NKN might be ready for the next upward phase. Let's see what happens.
Long
by SaeedSalehinia
2
$NKN/USDT 12h (Binance Futures) Falling wedge break and retestNew Kind of Network successfully retested both 50MA & 200MA support and is looking good for bullish continuation! More information about that IoT (Internet Of Things) blockchain on nkn.org Current Price= 0.36868 Buy Entry = 0.35361 - 0.32951 Take Profit= 0.42385 | 0.51873 | 0.61993 Stop Loss= 0.28652 Risk/Reward= 1:1.5 | 1:3.22| 1:5.06 Expected Profit= +24.09% | +51.87% | +81.50% Possible Loss= -16.11% Fib. Retracement= 0.618 | 0.883 | 1.117 Margin Leverage= 1x Estimated Gain-time= 2 months
Long
by TradingOn
New Kind of Network (NKN) Chart Analysis With Targets (170%+)We are now looking at NKNBTC (New Kind of Network) on Huobi, let's see what we have here. First, let's start by noticing how EMA200 (brown line) has been rejecting NKNBTC's growth in the past two months... This is the level to watch out for. If EMA200 (0.00000268) can be conquered, we can expect strong growth to take place right after. But if instead this level can't be conquered, we will have another retrace as we saw in mid-March (green area). On the above chart, I marked the next strong support (0.00000184) as well as the last low (0.00000145). If prices drop below our main support, we still expect a strong bounce after (bold green arrow). We remain bullish long-term. Thanks a lot for reading. This is not financial advice. Namaste.
NLong
by AlanSantana
NKN Mainnet Launch in 1 Week, Bullish Divergence. 100%+ Gains.BITTREX:NKNBTC is showing bullish RSI divergence on the daily chart, RSI/Stoch both showing oversold on all time frames. We're hitting the bottom of the descending channel, at a minimum, I'm targeting 800 sats for a 100% gain. They were just listed on Huobi and will be listed on Beaxy here shortly for additional liquidity. This is a very underrated, under-the-radar type of project, get in early before it gets going.
Long
by mlotis
NKN Head And Shoulders and Listing/Development NewsBITTREX:NKNBTC is completing a head and shoulders pattern on the daily chart and creating a new uptrend line. This all aligns with the Mainnet launch at the end of June and also the possibility of being listed on Huobi by it's FastTrack program. NKN is being touted as trying to "Uberize" the internet. They are also partnered with several very successful blockchain teams, I'm very bullish on NKN at the moment. Huobi Tweet June 5: Huobi FastTrack will hold its inaugural vote on June 13th at 8pm (GMT+8) w/ Atlas Protocol ( $ATP ), Fusion ( $FSN ), New Kind of Network ( $NKN ), Origo Network ( $OGO ), and Skrumble Network ( $SKM ). Details: (link: bit.ly) bit.ly/31jtuxQ #FastTrack twitter.com
Long
by mlotis
1
NKN Primed for 500% or more! - Best time to buy-in BITTREX:NKNBTC broke the local ascending trend line and had a textbook retrace to exactly the .786 fib (not shown on this chart). This is the perfect time to buy-in as NKN is ready to take off. Long term, NKN should reach about 4000 sat or more but here in the midterm, we can see it pump to the 1.618 level. Short term, we're looking at the the previous local high of about 1200 sat. NKN has a mainnet launch coming up this week, it's already launched it's pre-mainnet and it's founders are hinting a very big project similar to Google Stadia, which could put NKN on the map. NKN will also be listed on Beaxy. A new, highly hyped exchange that should draw a lot of liquidity to the project. Buy-in now as this will probably be the last time NKN is this low. ***This is not financial advice, trade at your own risk.
Long
by mlotis
NKN Consolidation, Triangle and Up!NKN was just listed on several exchanges, one of those being the highly anticipated Beaxy exchange which will be launching at the end of March. On Bittrex, there is A LOT of accumulation happening after the Upbit listing, volume has completely dropped off, besides spurts of large volume but no price movement over the last week. I've checked where these large volumes are coming from and they're all buy orders and very small sell orders. Someone is accumulating and once we break this giant triangle, we'll go up to the previous high on Bittrex, if not further. This is a project with a very bright future, mainnet launch in 3.5 months and was almost listed on Binance several months ago.
Long
by mlotis
1