NKNUSDT trade ideas
Big breakout with volume on NKN Going long on NKN. Risking 7k to make 35k. Won’t be mad if I lose but def happy if I win. All the cards are lined up to make this a profitable trade. Volume on breakout, bouncing tremendously off the 200EMA above the 20 and 50EMA, RSI breaking out massively to the upside as well. NKN also got listed on coinbase and as expected dumped but usually they will consolidate and go up again. #nkn #btc #
NKN is hidden gem. This coin has potential because of its fundamentals and the total supply of 1 billion. It makes ATH 7 days ago with 1.44. It is in correction mode which will be soon over. With this supply, it has huge potential upward in this bull run. Be patient and get the reward.
Entry price: 0.72 - 0.74
TP target: 1.2 - 1.4
SL : 0.62
Do your own analysis. It's not financial advice. I keep charts simple and clean because complexity doesn't help too much.