NKN BreakoutNKN has great potential for a nice 100-200% gain. Use a tight stop loss :) --- Safe trading
Nknusd
NKNUSDT CUP HANDLENKNUSDT is making a cup handle formation in the 4h frame time. The support and resistance lines are given in the graphic. The main resistance line of the formation is 0.89$. Once it is broken upwards and after a possible re-test, it is good to open a position or hop in. This is not a finance advice. DYOR.
NKN potential huge moveNKN could see some very big gains in the next few weeks.
Not trading advice just an observation.
Comments welcome.
Nkn is getting ready for another waveNkn correction is almost getting over. Keeping an eye on buying zone to open a long entry.
NKNUSD H1A newer crypto currency that has been released yesterday on Coinbase at a very low price still. Price is following an ascending trendline & an uptrend. Price has now found a Demand Zone, which also aligns with the 61.8 fibonacci retracement. From this area, I will be watching price to make a move higher for potential a new higher high next.
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
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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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Please Exercise Risk Management
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NKN/BTC (Bullish Daily Pattern?)NKN/BTC
-Price action is trading inside a downward channel
-NKN is back at previous Key support area
-If we can see a break above the trendline resistance
-That is a good Buy signal in the midterm
-I recommend entering a position on breakout or retest confirmation
-This will lead give a strong bias of market direction is going up
NKN Quick and Simple Trade SetupBINANCE:NKNUSDT All stuff on chart. Stoploss below EMA200 (Red Line on the chart)
Wait for Current Daily candle to close above the red dotted line. next leg up can push it up.
NKN/BTC is in a BULLISH double bottom and falling wedge!NKN/BTC is in a BULLISH double bottom and falling wedge!
Very bullish set up - already broke out and finding support at first target.
Trade safe my friends...
BINANCE:NKNBTC
NKN BTC UPDATE#NKN (BINANCE)
Buy : 290-300
Sell : 320 , 340 , 360 , 380 , 450
Buy it... Another Waves Coming Soon...🚀🚀🚀
NKNBTC Ready For 98% Profit Ride#NKNBTC BINANCE:NKNBTC TA Update:-
NKNBTC broke our the resistance level.
And now trading above Retest or support level.
So this is good time to fresh setup.
Setup:- 230-250 Satoshi
Targets:- 309/362/580 Satoshi
Stop Loss:- 210 Satoshi
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NKN opportunityThe wedge is very promising especially with these volume candles. Good place to enter a position for long. Risk is not much
NKN/BTC (Bullish Higher Lows?: up to 40% profit target)NKN/BTC
-Holding 50MA & 20MA
-Series of Higher Lows
-Key support 194 sats
-If NKN can hold support and break trendline resistance
-Our upside target is up to 300 sats
-Stoploss below 190 sats
NKN/BTC (Trend change?: up to 45% profit)NKN/BTC
NKN has broken the 1st resistance line at 207 sats and if this current level will hold, NKT may see another growth up to 251 sats area.
A pullback to previous resistance to confirm new support at 207 sats area would be a good buying opportunity to enter a Long position.
Our stop-loss would be below the previous higher low at 177 sats.
NKN/BTC TA Update (Bearish Pattern Confirmed?)NKN/BTC
NKN broke bearish with this descending triangle pattern after the price closes below 264 sats area. NKN tried to get back above the support area
but the Daily EMAs acted as dynamic resistance and the price fell further. This bearish pattern target to the downside is between 170 - 160 sats area.
It is not wise to trade Long positions as the downtrend is just starting. Wait for confirmation before entering a trade.
