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NKN

NKN After 119% Of Collected Profits | Over 130% Round 2We did an analysis for NKNBTC on Bittrex, which also applies for Binance and other charts/exchanges, and made the right call. After sharing our chart for NKNBTC, a wave that generated over 111%+ of profits followed... After any impulse move a retrace is normal and this altcoin pair started to retrace... You can see it below: Now that NKNBTC completed the first part of its retrace, additional bullish action is possible. Potential scenario/prediction The price can move up from this level but this isn't very likely... What can happen next is a jump in price followed by another drop, and only after the next drop another strong move up will develop, maybe for 100%+... Of course, the charts are always changing and this is just a prediction. For trading, you set up your targets and stop-loss and set your sell orders on target as your strategy calls for. The chart above reflects my main view, but we do not trade based on the arrows drawn on this chart. We trade based on price action and market cycle rather than predictions of how the price of a pair will go. Thanks a lot for your continued support. Namaste.
by AlanSantana
5
NKN is a Small Cap with Huge Long PotentialRecently listed on Binance, this $13M marketcap token deserves some further DD (have a look to their website, white paper, and team members, so far I'm impressed). This is not by any means a technical play (despite some ridiculous volume since the Binance listing), but instead a potential long term big mover, if their plans come to a fraction of what's purposed (adoption wise), this could potentially grow by a factor of 15 to 50X from here. I'm buying a small position now and wait for further developments.
Long
by CoinsOnFire
NKN Bullish Path Ahead | New Binance Add | Easy 170%+NKN (NKNBTC) has been added for trading on Binance and a huge increase in trading volume immediately happened. Money is now freely flowing into this altcoin. NKN Chart Analysis A pair usually traded at low volume, now with a bullish chart being added to an exchange like Binance is a bullish signal on its own... The Binance add alone can produce massive growth. But here we see that NKNBTC is already above EMA10 and EMA50, and challenging EMA100 (0.00000362). Big volume and a very strong RSI. Looks like NKN can easily continue growing. Note: If NKNBTC moves below 0.00000305 (EMA10), its potential switches from bullish to bearish and you should prepare to see more drop. While it remains above this level, we should see its price going higher. Thanks a lot for reading. Namaste.
Long
by AlanSantana
6
NKN binance listing HUGE FOMO ?NKN Potential HUGE FOMO because new binance listing token. Price action Exponential Growth of token. Really hard to predict end of NKN bullrun maybe 1000 sats psychology level. Potential Retest double top binance price 909 sats. Price action (PA) of NKN hold above green support trend line . Above EMA 21,50,100,200 periods uptrend. HUGE Bullish Volume increased confirm bullish price action. Pattern: Breakout of Ascending triangle upper. SL hunt to 0.5 fibs level (pullback). Exponential growth. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. S/R: Support at 500 Major Support 378, Resistance 670 sats . Major Resistance psychoology 1000 sats. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
NLong
by blockchaintrends
1
NKN binance listing FOMO ?NKN closed above EMA 21,50,100 and 200 periods strong bullish trend. Potential FOMO because new binance listing token. Price action pullback to 269 to 0.5 fibs retrace. Huge volume spike and price to 388 at Binance listing. Psychology resistance 500 sats. Price action (PA) of NKN hold above green support trend line. Bullish Volume increase confirm bullish price action. Pattern: Breakout of Ascending triangle upper. SL hunt to 0.5 fibs level (pullback). Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. S/R: Support at 268, Resistance 500 sats. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
NLong
by blockchaintrends