NAKAUSDT
$NAKA , Another KUCOIN gem ready to RIPE a 300% gainsLooking at $NAKAUSDT coming back to support level, providing a super good position to enter a 300% trade at the time being. As comparing to the previous wave, It makes similar movement to retrace from the peak and starting off another wave of rally in end of October.
If you look closely into the picture, the price has break out of the short-term retracement trend-line and also has been retested. As the price now again trading above the moving average, I have took in a large position in NAKA, anticipating for a 300% using my exponential trendline analysis. $10 of price looks like an easy trade, all you have to do is to hold it properly until we reach the price of $10.
a 300% gains on small cap like $NAKA, or missing it?
The decision is on your side, DYODD, not financial advices.
-Quack
Naka LONGAs we have seen in the last hours, NAKA has been able to break its flag down to enter a bullish structure (As long as BTC accompanies) You have to follow the currency closely, it has risk but a lot of potential, this month they release 3 games and their mainnet, there is also the nakaverse and an hour ago they have announced their first digital sale in which they can point you in their whilist if you have 1000 NAKA
NAKA will EXPLODE, grab your popcornNAKA priming for major move to the upside once we see a break of this range. Also forming somewhat of a head and shoulders pattern within the range, eyeing the 1.0 fib level as final take profit. Looking for break of range on 1H chart w/ high volume bullish candle.
- take profit: 1.0 fib level
- stop loss: VPVR within range (slightly below)
- entry timeframe: 1H
- confirmation: bb break or high volume candle close and hold