NKN (Dec 15) 60% PProfit in 8 Days#NKN/BTC (Binance)
Entry Zone: 270 - 280
Take Profits: 300 - 330 - 360 - 400 - 430 - 450 - 500
Stop Loss: 245
NKNBTC trade ideas
NKN/BTC TA Update (Bearish Pattern?)NKN/BTC
NKN keeps testing the support level between 276-260 sats many times and we know this is not good because the price keeps making a series of Lower Highs.
If NKN can't break above 320 sats in the coming days, I expect this bearish descending triangle is leading to play-out.
The immediate target to the downside is the 0.786 Fib support.
NKN BTC Short Term Graphic FieldGraphic Field showing potential growth curve analysis of the data. Given with approximate curves to the binance post-listing data.
$NKNNKN is forming inverse head and shoulders pattern. On 1D timeframe, we also have a double bottom. MACD turning bullish. RSI approaching 50.
NKN going up SEE fibtrend line for possible extentions. This coin have a lot of moment when it starts moving. Remember stopslosses
NKNBTC decision moment came NKNBTC is almost at the end of decending triangle. Mostly it will bring drop after this pattern but volume is so low and it gives opportunity to open long position till previous decending triangle drop starting point. So take profit at 400 sat and to SL around 25x sat will be safe trade for NKN. Good luck.
NKN After 119% Of Collected Profits | Over 130% Round 2We did an analysis for NKNBTC on Bittrex, which also applies for Binance and other charts/exchanges, and made the right call.
After sharing our chart for NKNBTC, a wave that generated over 111%+ of profits followed... After any impulse move a retrace is normal and this altcoin pair started to retrace... You can see it below:
Now that NKNBTC completed the first part of its retrace, additional bullish action is possible.
Potential scenario/prediction
The price can move up from this level but this isn't very likely... What can happen next is a jump in price followed by another drop, and only after the next drop another strong move up will develop, maybe for 100%+... Of course, the charts are always changing and this is just a prediction.
For trading, you set up your targets and stop-loss and set your sell orders on target as your strategy calls for.
The chart above reflects my main view, but we do not trade based on the arrows drawn on this chart. We trade based on price action and market cycle rather than predictions of how the price of a pair will go.
Thanks a lot for your continued support.
Namaste.
#NKNBTC (Mid Term) Risky #NKNBTC (Mid Term)
Buy : 0.00000401 - 0.00000386 - 0.00000371
Target 1: 0.00000415
Target 2: 0.00000461
Target 3: 0.00000581
Target 4: 0.00000702
Stoploss: 0.00000359
Invest: 3%
Risk/Reward: 7% / 75%
we ask Allah reconcile and repay
BreakoutThis is just an idea from a dude on the internet;
NKNBTC looks good. Previous support held and we are having a nice bounce to test the upper resistance levels like 450, 480 SATs, etc. I've taken a long position. Dont forget to set a SL when u trade!
NKN Bullish Path Ahead | New Binance Add | Easy 170%+NKN (NKNBTC) has been added for trading on Binance and a huge increase in trading volume immediately happened.
Money is now freely flowing into this altcoin.
NKN Chart Analysis
A pair usually traded at low volume, now with a bullish chart being added to an exchange like Binance is a bullish signal on its own... The Binance add alone can produce massive growth.
But here we see that NKNBTC is already above EMA10 and EMA50, and challenging EMA100 (0.00000362).
Big volume and a very strong RSI.
Looks like NKN can easily continue growing.
Note: If NKNBTC moves below 0.00000305 (EMA10), its potential switches from bullish to bearish and you should prepare to see more drop. While it remains above this level, we should see its price going higher.
Thanks a lot for reading.
Namaste.
