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NKNUSD trade ideas

nkn 11/27/21breaking previous wedge, nkn has traded in a cannel pattern which has multiple touches where after we have seen an increase in vol and price action. on balance volume has also showed increase equal to our previous high which means there is a large amount of investors hodling. if channel supports hold this could be a big move up. Btc is in a good position on its daily stoch rsi so we shouldnt see any big drops there that could ruin our price move. ps: if break channel trend this is invalidated check previous charts where i have made previous predictions.
COINBASE:NKNUSDShort
by Crypto-RyGuy
3
$NKN Ascending triangle continuationThis is momentum trade on NKN, as we already have a trade setup on the daily. In this trade you would be playing the backtest of the inflection zone, and the stop can be adjusted to taste, however the idea is to take a 3:1 trade, while stoping out under the inflection point and the last swing low. The hidden bullish divergence on the MACD AND RSI implies a continuation and we should not be revisiting that swing low without invalidating the divergence. Not a value here, a momentum trade, and will likely be contingent on bitcoins continuation upward.
COINBASE:NKNUSDLong
by TradingNomadic
1
Who will lead connectivity for Web 3.0? #NKNI wrote this back in early April before it made it's last big run. I still feel the same way about the project today. As NFTs and DeFi grow I expect supporting Web 3.0 technologies to grow like #NKN. --------------------------------------- Been doing some research on New Kind of Network (NKN) and am REALLY IMPRESSED. TLDR SUMMARY: For Web 3.0 (Decentralized Internet) there are 3 main components like today’s internet - Compute, Storage, and Network. Think BTC/ETH for compute, File Coin / Storj / Siacoin for storage, and NKN for Network. In my opinion NKN could be the Cisco of the future. Use cases: - Better perf and lower latency due to decentralized structure (non-centralized servers). - Have the ability to rent out the bandwidth you aren’t using on your home or mobile plan. - More nodes than any other decentralized network, leading to 0% downtime. - Data is stored on endpoints increasing security.
COINBASE:NKNUSD
by ObiWanJacoby93
2