NKNUSDT trade ideas
$NKN/USDT 12h (Binance Futures) Falling wedge break and retestNew Kind of Network successfully retested both 50MA & 200MA support and is looking good for bullish continuation!
More information about that IoT (Internet Of Things) blockchain on nkn.org
Current Price= 0.36868
Buy Entry = 0.35361 - 0.32951
Take Profit= 0.42385 | 0.51873 | 0.61993
Stop Loss= 0.28652
Risk/Reward= 1:1.5 | 1:3.22| 1:5.06
Expected Profit= +24.09% | +51.87% | +81.50%
Possible Loss= -16.11%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 months
NKNUSDT is creating an inverse head and shoulders 🦐NKNUSDT is creating an inverse head and shoulders 🦐
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
🆓NKN (NKN) Oct-9 #NKN $NKNNKN is heading to 0.45$ and 0.55$ or even higher this October. But if it loses this 0.35$ zone, we will consider buying it back at 0.3$ and 0.25$ zones
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.35$ zone
🔴Buy : 0.35
🔴Sell : 0.45 - 0.55
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.35$ zone
🔵Sell : 0.35
🔵Buy : 0.3 - 0.25
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
NKN/USDT Preparing for a pumpNKN is an undervalued Web 3.0 platform with only 266 Million Market cap. Currently tested the support and trading in the confluence area.If the next minor resistance broken then we will see a massive pump towards or beyond the major resistance. This project has so much potential so we can expect a new ATH before end of this year.
This is not financial advise please DYOR and place stop loss below the support.
NKNUSDT (4h Chart) - Channel BreakoutNKNUSDT (4h Chart) Technical analysis
NKN/USDT (4h Chart) Currently trading at $0.381
Buy level : Above $0.380
Stop loss: Below $0.349
TP1: $0.400
TP2: $0.424
TP3: $0.451
TP4: $0.487
Max Leverage 3x
Always keep Stop loss
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nkn update to previous chartok few things going on here. we beat a divergence on the RSI and have moved in a bullish sediment on our RSI which is very promising. side note BTC has held support and is coming to a crossroad. MACD is showing a bullish cross up which could mean a short term rise or a big move up past our pivot zone. Fib level .23 is our price to beat which is about .39 id say anything past .43 would be a solid sign for a reversal.
NKNUSDTPERP { NKN } - BULLISH SETUPANALYSIS 🔎
- NKNUSDTPERP is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.42721).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
NKNA promising coin for your spot wallet.
After an impressive increase, a correction of 87% followed. After 111 days, we are testing a strong reversal zone. After overcoming this zone, further growth of the coin will follow.
Important areas:
T1: 0.6
T2: 0.69
T3: 0.76
I buy this coin with confidence and recommend it to you. Good luck.
Thanks for the feedback.
NKNUSDT longNKNUSDT long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long long
NKNUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price has hit its support level several times and has been supported. Currently, it has implemented the price of the Head and Shoulders model. But if he can break and stabilize his resistance line, he can see higher numbers. But if the price penetrates below the support line and stabilizes, we can consider a fall to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!