NKN / TetherUSLong
NKNUSDT analysis
Buy 2, moon and green robo signal say we can buy. Here is my analysis:
1. We can buy when risk/reward ratio is less than 2, we should not buy
2. We can buy at support = 0.028usdt or at the uptrend line
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.036usdt
We can use sell 2, hell or red robo signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.
1. We can buy when risk/reward ratio is less than 2, we should not buy
2. We can buy at support = 0.028usdt or at the uptrend line
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.036usdt
We can use sell 2, hell or red robo signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.