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NKN

New Kind of Network (NKN)NKN or New Kind of Network, is a network that focuses on creating a decentralized and open-source network protocol for public blockchain-based peer-to-peer (P2P) networks to share network bandwidth and internet connectivity. Anyway, after NKN went up more than 8000%, correction started which toke NKN down to the major horizontal resistance area. NKN oscillated there more than two years. Now, it seems NKN might be ready for the next upward phase. Let's see what happens.
Long
by SaeedSalehinia
2
NKN/USDT TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. NKN looks good here. Break out done and after a successful retest, it starts going up. Long some here and add more in the dip. Possible Entry & Targets: Entry: Current Market Price (CMP) and potentially add more up to $0.115 Potential Targets: $0.126/$0.138/$0.157 Stop-loss: $0.113 (Consider setting a stop-loss based on your risk tolerance strategy). Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested. Let's Discuss What are your thoughts on this current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
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
by behdark
1
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.
by MyCryptoParadise
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 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
NKN/BTC - NKN: BBand Breakout Super-Trend◳◱ On the $NKN/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00000252 | 0.0000026 | 0.00000274 and support near 0.00000238 | 0.00000232 | 0.00000218. Entering trades at 0.00000246 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: NKN ▣ Rank: 401 ▣ Exchanges: Binance, Kucoin, Huobipro, Hitbtc ▣ Category/Sector: Infrastructure - IoT ▣ Overview: NKN is a public blockchain that aims to use economic incentives to motivate Internet users to share network connections and utilize unused bandwidth. NKN aims to be a network for building decentralized applications in a way that enhances peer-to-peer data transmission and connectivity. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000246 ₿ ▣ 24HVol: 0.498 ₿ ▣ 24H Chng: -0.405% ▣ 7-Days Chng: 3.22% ▣ 1-Month Chng: 5.35% ▣ 3-Months Chng: 6.88% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000252 | 0.0000026 | 0.00000274 ◢ Support: 0.00000238 | 0.00000232 | 0.00000218 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: SELL ◰◲ Technical Indicators Summary : SELL ◲◰ Sharpe Ratios : ▣ Last 30D: -0.59 ▣ Last 90D: 0.65 ▣ Last 1-Y: 0.31 ▣ Last 3-Y: 0.88 ◲◰ Volatility : ▣ Last 30D: 0.64 ▣ Last 90D: 0.75 ▣ Last 1-Y: 0.80 ▣ Last 3-Y: 1.66 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.55 - Bullish ▣ Reddit sentiment score is 0.42 - Bearish ▣ In-depth NKNBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
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.
by MyCryptoParadise
2