NKNUSDT trade ideas
Short-term prediction for $NKN part twoMy last analysis for $NKN didn't get any likes; that's because people didn't see the result right away and believe me when I say, they are just a bunch of morons. A very obvious and beautiful bullish flag has just finished forming its triangle presenting the beginning of a big, big rise. I personally am gonna wait for the BTC pullback to stop and right before the slight bullishness of BTC causes a big bullish wave for $NKN, right that time is were I'm gonna buy. Although my last idea about $NKN didn't get even one like😂, I don't give a shit. I believe in myself and I know I'm right when I say that the last idea, the last bullish signs I observed for $NKN only amplify the next prediction which is this one. For short, $NKN is gonna slightly touch the support that you see in my chart and then it is gonna put an end to this long-lasting regulation and most likely hit a new ATH.
NOTE: This was not an economical advice or some signal or shit, and if you blame me for your failures homes, you gotta visit a shrink or s.th. (F*** YOU)
Short-term prediction for $NKNYou see that yellow line? That, kiddo, is a hard ass support and it will give this goddamn coin some big bounces, I am very positive that $NKN is gonna hit 0.2$. It's after this level that matters: it could go three ways, $NKN wouldn't break 0.2 which I find rather unlikely, it would get stuck in the safe zone between 0.2 and its ATH (0.23$) which is what I'm gonna be expecting, or the sweetest one which is forming a new ATH. I love the idea of the last one and yes it IS going to happen, but not that soon.(Come on stop being a hasty moron! Go listen to what August Marks says in SOA about patience.) And also, considering this recent hard bottom it surely is a good time to buy.
NOTE: This was not an economical advice or some signal or shit, and if you blame me for your failures homes, you gotta visit a shrink or s.th. (F*** YOU)
NKN coin completing Cypher pattern for 135% big moveHi dear patrons, hope you are well, and welcome to the new update on Paris NKN coin.
On daily time frame chart, the price ation of NKN is competing final leg of bullish Cypher .
This trade has a big profit possibility of 135%, and the loss possibility is 27%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NKN - A great revolution in the field of cryptocurrenciesBig project has block randomization to prevent hacking
Because it is said that in the future, with the arrival of quantum computers, the likelihood of older currencies such as Bitcoin being hacked is very high.
We'll need it to solve many security issues and speed up networks...
A New Kind of Network ;NKN/USDT analysisWhat is 🌟Nkn 🌟?
(Network Infrastructure for Decentralized Internet)
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.
❇️The current internet has got some serious issues!
After years of transmutation, the Internet is in danger of losing its original vision and spirit. For example, Network Neutrality is overturned; spectrum and bandwidth are not efficiently utilized; information is fragmented and can be censored; and privacy protection is limited. These signal that the network needs a reform.
❇️Existing solutions are not suitable for next generation blockchain systems because they:
👉Utilize a centralized approach to improve efficiency.
👉Sacrifice the scalability of the network to speed up consensus.
👉Limit participation rate of nodes or require authorization to increase “security”.
👉Use purely financial motivations or trusted third parties to solve problems which should be solved by mathematics and technology
1-Structure :is inefficient
2-Utilization: wastes resources
3-Centralization: reduces trust
The Client-Server model is expensive, complex, and prone to failure and attack
Today, most communications need to go through a centralized server, where it can be blocked or sabotaged, hacked into, or eavesdropped on.
The aim of NKN is to solve all of these problems by providing a decentralized solution with blockchain technology, and a state of the art network topology based on Cellular Automata.
references:nkn.org - coinmarketcap
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for NKN, The current price roam about $0.2 ,
The currency has made headlines in recent weeks, experiencing a sharp increase of more than 250%;
You see, let's imagine these two different patterns for it, the reverse head and shoulder pattern, and the cup again.
Which gives us long-term goals of $ 0.38 and $ 0.8 and even the possibility of reaching $ 2.5, the return of which depends on the green market of Crypto.
I think ,NKN can correct down to 50% or grow even up to 100% more in short-time by forming a flag pattern, so the stop-loss is necessary; if you are in a long position.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
NKNUSDTWhat we see now :
1- the price at 0,1831$
2- the current resistance at 0,18$
3- there is no buy signals yet
What we have to do :
1- wait the daily closing above the resistance level + one buy signal to take a position
2- wait for two positive buy signals
3- keep watching to see one of these two conditions to take a position the price now is in dangerous level
Trade with your own responsibility