NKN tries to break the accumulation boxNKN / USDT
It made breakout from the massive red trendline
But still inside the big yellow box (2 years accumlation)
When it break that box I expect a start of new strong bullish trend
NKNUSDT trade ideas
NKN | NKNUSDT Monthly Analysis NKN | NKNUSDT Monthly Analysis
(xDS - Technical Score ) Technical Growth Rate is Good in all time frame
Volume Growth is good in larger time frames
with two way nkn can pump to .26 or .28 $i draw on nkn after breakout on first season(red line)
I was waiting for him to touch the target quickly. But with the fall of Bitcoin and Total Market Cap, it returned to Fibo 0.618 and started a new movement. In the second move (black line) it can also touch the previous target. So we shop here with caution
NKNbroke 2 years trend line & 200ma weekly ,
set stop loss for btc sudden drop ,
not financial advice.(DYOR)
NKN has bullish signs!
🎗#NKN/USDT 🎗
LONG
Leverage: (10.0X)
Entry Targets:
1) 0.181
2) 0.163
Take Profit Targets:
1) 0.190
2) 0.195
3) 0.200
4) 0.204
5) 0.209
6) 0.215
7) 0.221
8) 0.226
Stop Targets:
1) 0.158
🟡Chart is speaking it self!
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Thank you for seeing idea .
Have a nice day and Good luck
🔴This is only an idea and not a financial advise ( NFA )🔴
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
NKN/USDT Lying on the strong support, Could NKN Bounce and UP?💎 NKN has recently undergone significant developments in the market. Positioned at a critical support zone, the strength of this area in sustaining NKN's downward movement is evident in historical data.
💎 There's a likelihood that NKN will bounce from this support and probability make another attempt to breach the robust resistance area.
💎 However, failure to maintain support could be concerning, indicating a breach of a crucial area. This could lead to a reversal in momentum, with the next support level situated at the demand area.
💎 NKN must bounce from the support area and reclaim the region above the support area. In the absence of positive signals, a prolonged sideways movement may result in NKN losing support, triggering a downward movement towards the formidable support area.
#NKN/USDT#NKN
The price has been moving in a descending triangle since July 2022
It was based on a strong support area at 0.0860.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the triangle, and therefore we expect the price to rise to the specified areas.
The current price is 0.1015.
First goal 0.1869
Second goal 0.3019
This represents 300% of the current price.
Pay attention to correction areas.
NKNUSDT.PNKNUSDT.P is in bearish trend.
Potentially printing LH and LL.
Bearish divergence also shown in RSI.
NO sign of reversal here.
WE wait and watch for the breakout of last LL.
NKN showing good investment opportunityHi Everyone;
today we have a good reward Investment opportunity
it is more than 20 times the risk and the chart is look very promising.
NKN is continuing to go up in the Bullish channel NKN is continuing to go up in the Bullish channel after the rejection
🔵Entry Zone 0.1285 - 0.1345
🔴SL 0.1198
🟢TP1 0.1459
🟢TP2 0.1638
🟢TP3 0.1939
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NKN/USDT.P will experience a declineThe expectation is that NKN/USDT.P will experience a decline following a corrective wave towards the support zone.
Another ripper in the making NKN looks like a straight forward trade. It's starting to leave the base (accumulation area). The targets are marked on the chart.
Bullish on NKNHe is come. Back in the parallel channel, a good retest on the yellow line will be ready for long
NKNUSDT LOOKS BULLISHBased on the analysis of NKNUSDT, I'm planning to initiate a long position in NKN at the current market price of 0.89. The decision is supported by the recent breakout from the trendline, and the price has remained above the trendline, suggesting the possibility of an upward trend continuation.
This analysis is primarily based on the 1-day time frame, where the price has demonstrated an inclination to remain in an upward trend.
In the event of a price retracement, I intend to buy more NKN coins at key support levels, which are set at 0.08 and 0.077. These support levels offer potential entry points for the trade, with a focus on achieving long-term targets, ultimately reaching 0.20.
To manage the inherent risks, a stop-loss order has been established under the support level at 0.073. This stop-loss serves as a protective measure to limit potential losses if the market moves against the trade.
Please be aware that cryptocurrency markets can be highly volatile, and trading carries inherent risks. It's essential to apply sound risk management principles and consider your own risk tolerance when executing trading strategies.
NKNUSDT hit first target 36.04% ✅🚀#NKNUSDT
All Targets: done✅
Entry price: 0.0935$✅
Price reached :0.1272$ ✅
Profit: 36.04% ✅🚀🚀🤑
NKN Longterm 400%++ GainChart by weekly, NKN in the long consolidation 150++days. After breakout from the box massive explosion can happen. Personally wait until break the box on fibo 0.382 around $0.13. Cheers!
NKN/USDT Break key level area. Ready to continue upward move ??💎 NKN has undeniably attracted significant attention in the market. Currently, it has successfully broken through the key resistance level, entering a valid retesting phase at the support, which was previously a resistance zone. If there is a perfect bounce on the support area, it is probability that NKN will continue its upward movement towards our target supply area.
💎 NKN is reliant on the support area. If it returns to the retesting phase at the support area and fails to maintain or sustain above it, or worse, experiences a breakdown below the support level, it poses a danger. In such a scenario, NKN may revert to a bearish movement, potentially undergoing a downward trajectory toward the demand area or even retracing to the strong support zone.
✴️ NKN 200%+ Bullish Wave Mapped | Simplicity (Simple & Easy)Not just simple but easy... Simple and easy.
NKNUSDT moved above EMA50 back in November 2020, it struggled with the level a little bit in late 2020 until it finally managed to stay above it.
Once this level was left behind, a massive bullish wave followed. Very simple.
It has been moving, growing slowly five weeks straight and now NKNUSDT is trading again above EMA50 weekly. November 2020 vs November 2023 is exactly 3 years... That's how long it takes for a bottom to be hit, set and confirmed as a new market cycle starts.
1.5 years the bullish cycle and 1.5 years the bearish cycle.
The remaining year to complete a 4 year cycle is composed of range trading, the whales accumulation phase.
The bear market low after the 2021 bull market happened June 2022 and we have higher lows since.
The target on the chart can happen short-term... Long-term, we are likely to see many, many times more growth, maybe 10, 15 or 20X to the next All-Time High... Easy!
Namaste.
$NKN Potential Break out NKN seems to be coming out of this rounding supply line here.
In the context of an accumulation range, this would be equivalent of "jumping over the creek"
If it holds up, id look for a test of the top of the range next at the 382 / 0.16
Above that, historically its a pretty swift move up to .32 and .43
It wouldnt be alarming if we retested the bottom of the range or got a checkback on the supply line first, but a real nice start here on a reversal.
