Get started

Nknusdtanalysis

NKN/USDT — Epic Reversal from Major Demand Zone🔍 Chart Breakdown: 1. Strong Historical Demand Zone: Highlighted by the thick yellow box between $0.0055 – $0.0240. Price has returned to this accumulation range, which previously launched a major rally in 2021. 2. Potential Bullish Reversal Pattern: After hitting the lower support, recent weekly candles suggest a potential double bottom or bullish engulfing pattern forming. The yellow projected path shows a possible gradual recovery. 3. Layered Resistance Levels (Take-Profit Targets): $0.0340 $0.0451 $0.0572 $0.1369 $0.2001 Up to $0.3050 as a major psychological barrier 4. Profit Potential: From the current price (~$0.0242), reaching the top target of $0.3050 offers a potential gain of over +1100% in the medium to long term. 5. Bearish Exhaustion & Sentiment Shift: The long downtrend since 2021 appears to be losing momentum. Buyers are defending this critical historical support zone. 🛡️ Conclusion: NKN is at a pivotal level, sitting on a historically significant support zone. If volume increases and price holds above the demand area, a strong reversal could play out. This setup presents a high-risk, high-reward opportunity worth monitoring closely in the coming weeks. #NKN #AltcoinSeason #CryptoReversal #NKNUSDT #Binance #CryptoTrading #TechnicalAnalysis #BullishSetup #SwingTrade #CryptoNuclear
Long
by CryptoNuclear
NKNUSDT Forming Falling Wedge BreakoutNKNUSDT has recently confirmed a Falling Wedge Breakout Pattern, signaling a strong bullish reversal after a prolonged downtrend. This classic reversal structure is often considered a high-probability setup, especially when accompanied by increasing volume, as seen in this case. The breakout suggests that bears have exhausted their momentum and bulls are stepping in with confidence. With this setup, an expected gain of 130% to 140%+ appears technically justified if follow-through buying pressure continues. NKN (New Kind of Network) is gaining attention due to its innovative approach to decentralized communication networks. As the Web3 ecosystem grows, projects like NKN that enable secure, censorship-resistant data transmission are seeing increased adoption and speculative interest. This surge in investor attention is translating into positive price momentum, which aligns with the current technical breakout. The good volume behind the move strengthens the case for a sustained upward rally. The current price action is forming strong higher highs and higher lows following the breakout, which could attract both short-term traders and long-term holders. Technical indicators such as moving averages and RSI are likely flipping bullish, supporting the view that this breakout may lead to a major trend shift. If bullish momentum continues, NKNUSDT may reclaim key resistance levels and potentially exceed the projected targets. Given the overall positive sentiment across altcoins and the strategic utility of the NKN project, this breakout could be the start of a significant trend. Traders and investors should keep an eye on continuation patterns and monitor volume closely for validation. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
$NKN Heating Up — Breakout Imminent?GETTEX:NKN is waking up. It held that trendline perfectly, and now it’s pushing back strongly. Price was getting squeezed in that wedge for days looks like it’s ready to pop. That top line? It’s not going to hold for long. Volume is picking up, and this move could easily send it flying to $0.06. Feels like one of those setups where momentum just builds up and boom, breakout. Keep your eyes on it. This one’s heating up fast. DYOR, NFA
Long
by CRYPTOMOJO_TA
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!
Short
by ProfitsNinja
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.
by MyCryptoParadise
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.
Long
by Dexter_The_Trader
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
Long
by CRYPTOMOJO_TA
3
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
Long
by CRYPTOMOJO_TA
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...
Short
by CryptoSanders9563
2