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!
Nknusdtanalysis
NKN/USDT Lying on the strong support, Could NKN Bounce and UP?💎 NKN has recently undergone significant developments in the market. Positioned at a critical support zone, the strength of this area in sustaining NKN's downward movement is evident in historical data.
💎 There's a likelihood that NKN will bounce from this support and probability make another attempt to breach the robust resistance area.
💎 However, failure to maintain support could be concerning, indicating a breach of a crucial area. This could lead to a reversal in momentum, with the next support level situated at the demand area.
💎 NKN must bounce from the support area and reclaim the region above the support area. In the absence of positive signals, a prolonged sideways movement may result in NKN losing support, triggering a downward movement towards the formidable support area.
#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.
NKN: GEARING UP FOR 20% GAINNKN/USDT TRADE SETUP:
NKN has perfectly broken above the symmetrical triangle pattern and has the potential to rally 20% from the current level.
Entry: $0.282 to $0.289
Stop Loss: $0.268
Targets:
$0.305
$0.315
$0.328
$0.338
Accumulate the dip and keep your SL marked properly.
Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.
NKN/USDT TRADE SETUP! BUY AND HOLD IT FOR FEW MONTHSHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Financial advice.
NKN is making this Desanding channel wedge pattern.
ENTRY- $0.2 - $0.215
Target:- 200%
SL:- $0.17
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
NKN/USDT 4 HOURS TRADE SETUP Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Financial advice.
LONG NKN/USDT at CMP and add more up to $0.211
Target:- 25% to 30%
SL:- $2.05
Lev:- 5x to 10x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
NKN/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BNB/USDT analysis.
I have tried my best to bring the best possible outcome to this chart.
NKN/USDT ascending triangle breakout and short position open buy green zona
entry:-$0.2280,$0.2140
target;-$0.2080
$0.1990
$0.1900
$0.1820
$0.1700
stoploss:-$0.2340
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 language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
NKNUSDT Falling Wedge PatternNKNUSDT (4h Chart) Technical analysis
NKNUSDT (4h Chart) Currently trading at $0.55
Buy level :Above $0.54
Stop loss: Below $0.48
TP1: $0.62
TP2: $0.69
TP3: $0.77
TP4: $0.85
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
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/USDT 4 HOUR UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
NKN/USDT trending on a strong support level .
Entry: CMP
Targets:
$ 0.540
$ 0.630
$ 0.747
Stop Loss: Break out and close down side the white support line .
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE