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Nknusd

NKN, Bears are trying, but many perspectives ahead. Still time for retest atleast to 0.39, NKN is going through a very strong resistence on the ichimouku cloud, it's fighting through it but that is why you're finding big red candles come in out of nowehere, it's under bearish territory. However, it went over strong resistence levels on the daily, and is not retesting the 0.40 - 0.35 as support. DMI is bullish, but if it goes down more then there will be a DMI cross over, which will confirm it to be a fakeout of the breakout of the resistance. overall: more bullish than bearish, but BTCDOM might go through a slight correction so watch out.
by bitmoey
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 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
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 ```````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management ```````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ````````````````````````````````````````````
by PolarHusk
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