HEY traders, what's going on today ?!
As you can see ,Since 12 Mar 2021, when I posted the last analysis for the 'New kind of network', although it couldn't hit my final target but it successfully reached higher Tps ,then as other altcoins it has been declining til now, and recently reached my entry point in previous analysis . (more than 900%💰 (1x)long).
So today I'm gonna have another analysis on the weekly timeframe for nknusdt , and as you can can see I can imagine an downtrend channel that NKN has been fluctuating and declining in a wide range so far, after losing the higher value zone recently has reaches to these dynamic support lines, and 2 time reacted to dis lines and i seems tht want to touch the lower support zone soon , anyway I think it has the potential to rise from here and reach the higher resistance levels or key zone.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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