NKNUSDT - 125% Profit @ 5x LeverageNKNUSDT on the 1-hour timeframe exhibited a strong bearish momentum, achieving 125% profit at 5x leverage. The short trade setup, captured using the Risological Swing Trading Indicator , has successfully hit TP1 to TP3, with TP4 likely to be achieved shortly.
Key Levels:
TP1: 0.12615 ✅
TP2: 0.11428 ✅
TP3: 0.10241 ✅
TP4: 0.09508 🔄
Technical Analysis:
The trade commenced at 0.13348 with a stop-loss set at 0.13942, ensuring effective risk management.
The price has consistently moved below the Risological trend line, affirming the downtrend.
The sharp breakdown below key support levels accelerated the move towards the profit targets. The setup reflects the accuracy and power of the Risological Swing Trading Indicator in identifying high-reward, low-risk opportunities.
Namaste!
Nknbitcoin
#NKN/USDT#NKN
The price has been moving in a descending triangle since July 2022
It was based on a strong support area at 0.0860.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the triangle, and therefore we expect the price to rise to the specified areas.
The current price is 0.1015.
First goal 0.1869
Second goal 0.3019
This represents 300% of the current price.
Pay attention to correction areas.
NKNUSD 50 % pump in a short-term NKNUSD looks good.
The key support has held and the price is moving gradually up.
We see 2 possible scenarios.
Either the price will retest the support again and we will see more consolidation before the pump or the price will pump without any pullback.
Anyway, NKNUSD looks ready to give beautiful 55% gains.
As long as BTC consolidates or is on the rise, NKN should pump.
💎 NKNUSDT : 708.03% Profit Potential in Next 5 Months💣💣💣💣Last 2-3 weeks we seen huge buying in NKN coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
NKN/USDT 4HOUR UPDATEWelcome to this quick NKN/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- NKN/USDT Triangle pattern create buy the dip and green zone
Entry:- buy green zone
Traget:- 40% to 50%
Stop loss:-trend line downside candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages
Do hit the like button if you like it and share your charts in the comments section.
Thank you..
NKN/USDT 4HOUR UPDATEWelcome to this quick NKN/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- NKN/USDT is triangle pattern create and BUY the green zone
Entry:- buy green zone
Traget:- 40% to 50%
Stop loss :- green box down side candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
NKN - A great revolution in the field of cryptocurrenciesBig project has block randomization to prevent hacking
Because it is said that in the future, with the arrival of quantum computers, the likelihood of older currencies such as Bitcoin being hacked is very high.
We'll need it to solve many security issues and speed up networks...
NKN at support, Big News comingNKN is now testing the support zone and we see a good bounce from here. NKN has a lot of developments ongoing and the team is working hard. NKN is released its mainnet and the token swap process is ongoing. If binance supports the swap process we see a good pump in NKN. Don't miss this one.
Buy Zone: 87-89
Target: 98-105-117-133-151-164-188-220
NKN/BTC (Bearish Retest Done?)💎Technical Analysis Summary💎
BINANCE: NKNBTC
-NKN broke its key level for support after trading above 150s sat
-The price tried to reclaim the previous region but failed
-It painted a Bearish retest and if the Bulls can't show up a fight
-Potential downtrend structure is likely to happen this week
-Please don't try to catch a falling knife without a trading plan
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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NKN/BTC (Retest Key Support Area?)BINANCE: NKNBTC
-NKN is back at previous key support area where tested multiple times
-We saw a good bounce but the trendline resistance pushes the price down
-NKN must hold the recent low at 187-170 sat range in the coming days
-To protect the price against the Bears in the short term
-Also, we need to see a breakout of the trendline resistance
-That will give us a strong bias of 1st sign of trend reversal
-If everything goes well next week, the upside potential is up to 313 sat or higher
-Perfect stop loss is below the recent Low at 170 sat
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
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A little Help By Supporting My Channel
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NKN 100% Gains Don't Miss it NKN, or New Kind of Network, is an open-source protocol for public blockchain-based peer-to-peer Networks to share network bandwidth and Internet connectivity. The project was launched in January 2018 and lists Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography as advisors. NKN Mainnet was launched in July 2019 and has up to 25,000 full consensus nodes (more than Bitcoin or Ethereum).
Notable use cases for NKN include:
Content Delivery system (contract with Chinese video giant iQIYI)
Edge computing (contract with China Mobile)
D-chat (secure messaging app)
nShell (secure remote terminal access).
NKN’s consensus algorithm is based on Cellular Automata, A New Kind of Science and Ising Model, where a simple local majority rule can lead to system-level convergence in a small number of iterations. The design goal is to scale to arbitrary numbers of equal consensus nodes.
NKN uses a global addressing scheme based on public keys, in order to enable direct peer to peer communication without centralized servers. The routing of packets is based on Chord Distributed Hash Table (DHT), which maps each NKN address to a random and verifiable position on the Chord DHT ring.
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Upcoming Events :
30 June 2020
- "New Assets" in Q2, 2020.
-Routing And Consensus
"Routing & consensus updates" in Q2, 2020.
- Mainnet 2.0 nMobile
-Web 3.0 Talk With ( Bluezelle / IoTeX / Storj / THETA )
- TUNA/NanoPay GA
- NKN 2.0 Unveiled
- NKNx Update