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NKN / TetherUS

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NKNUSDT trade ideas

NKN - 100x opportunityOn the above 1-day chart price action has corrected 95% since April 2021. A number of reasons now exist to be long, including: 1) The ‘incredible buy’ signal. 2) Broken price action and RSI resistance. 3) Price action is testing past resistance (green line), look at the weekly chart below. 4) Price action has corrected to the golden ratio (see weekly chart below). 5) Nudge nudge wink wink. Don’t know what I mean? Shame. Is it possible price action falls further? Sure. Is it probable? no. Ww Type: trade Risk: <=6% of portfolio Timeframe: don’t know. Return: $8 or 100x Weekly chart 3-day BTC pair
Long
by without_worries
73
NKN/USDT TF W Price Dynamics and Volume ProfileBINANCE:NKNUSDT The chart is of NKN/USDT on a weekly timeframe using Heikin Ashi candlesticks. Here's a detailed analysis of the chart: 1. **Price Levels and Volume Profile**: - **Current Price**: NKN is trading at $0.0833. - **Key Levels**: - **Resistance Zone**: Around $0.81 to $0.97. - **Support Zone**: Around $0.0055 to $0.0400. 2. **Volume by Price**: - There is a significant volume accumulation around the $0.0833 level, indicating strong interest and potential support at this price. 3. **Price Action**: - The price has been fluctuating within a range, with major resistance around the $0.81 level and support around the $0.0400 level. 4. **Historical High and Low**: - Historical high around $1.4890. - Historical low around $0.0055. 5. **Heikin Ashi Analysis**: - The Heikin Ashi candles suggest a bearish trend, indicated by the red candles and the overall downward movement in the recent weeks. 6. **Trend Analysis**: - The long-term trend appears to be bearish with significant resistance levels yet to be broken for any potential reversal.
Long
by Motivation_Voice
NKN/USDT TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. NKN looks good here. Break out done and after a successful retest, it starts going up. Long some here and add more in the dip. Possible Entry & Targets: Entry: Current Market Price (CMP) and potentially add more up to $0.115 Potential Targets: $0.126/$0.138/$0.157 Stop-loss: $0.113 (Consider setting a stop-loss based on your risk tolerance strategy). Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested. Let's Discuss What are your thoughts on this current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
NKN ANALYSIS (1D)First of all, note that NKN's movements are full of shadows and move slowly. We have 3 big ABC waves on the chart. Wave A and B are over and now we are in the big C wave. Wave C looks like a diamond diametric, and now the price is completing the bullish wave F of this diametric. By keeping the green box, it can move towards the red box Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1