NKNUSDT trade ideas
$NKN/USDT: Moon Trading & Technical AnalysisAs we can see, this token has been performing excellently. And now it has been forming a triangle pattern from which we can see two potential targets: TP2 which is a projection of the highest side of the triangle and it is when started to be formed, and then we have TP1 which is a projection of the smaller constitutive part of the triangle. We only need to wait till the 4H candlestick breaks above the upper triangle line which is acting as resistance. Sit back, relax, enjoy your weekend and leave some alerts.
Also you can check the fundamentals of this token which are great and extremely bullish! Never invest in something you don't understand my friend. And remember this is not financial advice, just my opinion.
Let me know your thoughts on the comments below!
Have a fantastic day and may we see great profits from this token!
Opportunity on NKN - Long (swing)Hi,
Price > the PIVOT point
End of pullback
RSI > 50
Price > KUMO
Next target can be : 1.6480 or 2.082
The Fundamentals are very strong on this project : nkn.org
This is the biggest blockchain network in the world, Bitcoin for decentralization of banks, ethereum for decentralization apps, NKN for decentralization of Internet !
The web 3.0 is comming :)
King regards,
$NKN/USDT 12h (Binance Futures) Falling wedge break and retestNew Kind of Network successfully retested both 50MA & 200MA support and is looking good for bullish continuation!
More information about that IoT (Internet Of Things) blockchain on nkn.org
Current Price= 0.36868
Buy Entry = 0.35361 - 0.32951
Take Profit= 0.42385 | 0.51873 | 0.61993
Stop Loss= 0.28652
Risk/Reward= 1:1.5 | 1:3.22| 1:5.06
Expected Profit= +24.09% | +51.87% | +81.50%
Possible Loss= -16.11%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 months