NKNUSDT trade ideas
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!
NKN 8-30-21 updateNKN update to previous chart on a larger time frame. All patterns still fit in the daily time frame which is very promising and our Stoch RSI has just made a huge bullish cross over which in most cases 80% of the time has resulted in a continual rise in the coming weeks. Our current formation break will give us a great look into what will happen in the shorter days to come for possible entry points.
Eyes on $NKN as wellAscending triangle in formation.
About The Token :
NKN, or New Kind of Network, is an open-source protocol for public blockchain-based peer-to-peer Networks to share network bandwidth and Internet connectivity. The project was launched in January 2018 and lists Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography as advisors. NKN Mainnet was launched in July 2019 and has up to 25,000 full consensus nodes (more than Bitcoin or Ethereum).
Notable use cases for NKN include:
Content Delivery System (contract with Chinese video giant iQIYI)
Edge computing (contract with China Mobile)
D-chat (secure messaging app)
nShell (secure remote terminal access).
NKN’s consensus algorithm is based on Cellular Automata, A New Kind of Science and Ising Model, where a simple local majority rule can lead to system-level convergence in a small number of iterations. The design goal is to scale to arbitrary numbers of equal consensus nodes.
NKN uses a global addressing scheme based on public keys, in order to enable direct peer-to-peer communication without centralized servers. The routing of packets is based on Chord Distributed Hash Table (DHT), which maps each NKN address to a random and verifiable position on the Chord DHT ring.
NKNUSDT Future biasPlease provide a meaningful and detailed description of your analysis and prediction. Walk us through your thought process. Put yourself in the reader’s shoes and see if you would understand the context based on what you wrote. Clearly stated profit targets and stop loss areas help clarify any trade idea.
NKN, Bears are trying, but many perspectives ahead. Still time for retest atleast to 0.39, NKN is going through a very strong resistence on the ichimouku cloud, it's fighting through it but that is why you're finding big red candles come in out of nowehere, it's under bearish territory.
However, it went over strong resistence levels on the daily, and is not retesting the 0.40 - 0.35 as support.
DMI is bullish, but if it goes down more then there will be a DMI cross over, which will confirm it to be a fakeout of the breakout of the resistance.
overall: more bullish than bearish, but BTCDOM might go through a slight correction so watch out.