NKN
$NKN long to retest $.57-$.62 resistance$NKN looks to be in the process of bottoming at the bottom of the structure. I lean towards a retest of the top of this structure to retest resistance before another move down.
Entry at $.1871 and looking to exit on a test of the $.57 level+. I've marked out key dates for changes in price action.
Risk minimal, reward ~3x.
🆓NKN (NKN) Dec-12 #NKN $NKN
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.35$ zone
🔴Buy : 0.38 - 0.35
🔴Sell : 0.5 - 0.6 - 0.75
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.35$ zone
🔵Sell : 0.35
🔵Buy : 0.28 - 0.24
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
6 year old's Chart Analysis SHIBI think SHIB is too much fun haha... I've sold some today to buy ELON and DOGE again (same shitcoin category?). This SHIB dip seemed too calm, I guess the old heads were waiting to see a flush down. I'm not convinced that we are out of the woods yet, but if it's going up, I won't fight it. Kraken kids seem to have a lot of money lol.
NKNUSDT Falling Wedge PatternNKNUSDT (4h Chart) Technical analysis
NKNUSDT (4h Chart) Currently trading at $0.55
Buy level :Above $0.54
Stop loss: Below $0.48
TP1: $0.62
TP2: $0.69
TP3: $0.77
TP4: $0.85
Max Leverage 3x
Always keep Stop loss
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NKN/USDT 4 HOUR UPDATE Welcome to this quick Update, everyone.
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NKN/USDT trending on a strong support level .
Entry: CMP
Targets:
$ 0.540
$ 0.630
$ 0.747
Stop Loss: Break out and close down side the white support line .
What's your thought on this?
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#PEACE
I'm selling NKN to buy it lower! Ultimately, I think it can go higher however I'm gonna attempt to buy it back lower! It's gotta shake off before the next run imo. I am using limit orders and stop-loss. Good luck.
By the way, someone poke SHIB with a stick haha... I'm also loading into dogelon ELON, and DIGINU... Let me know any other ideas too.
$NKN breaking out. Above $.85 sets up a retest of ATH+In the immediate short term, I could see a retrace to $.50-.51 to retest the top of the structure, from there, I think we're headed for the 50% retrace at $.85.
If we breakout above that level, it would send $NKN to it's previous ATH. And if we can get over that, then we should be in price discovery with resistance on the up at the targets on the chart.
My bias for the initial long target would be $2.25 or so.