NKN, Bears are trying, but many perspectives ahead. Still time for retest atleast to 0.39, NKN is going through a very strong resistence on the ichimouku cloud, it's fighting through it but that is why you're finding big red candles come in out of nowehere, it's under bearish territory.
However, it went over strong resistence levels on the daily, and is not retesting the 0.40 - 0.35 as support.
DMI is bullish, but if it goes down more then there will be a DMI cross over, which will confirm it to be a fakeout of the breakout of the resistance.
overall: more bullish than bearish, but BTCDOM might go through a slight correction so watch out.
NKNBTC
NKNUSDT CUP HANDLENKNUSDT is making a cup handle formation in the 4h frame time. The support and resistance lines are given in the graphic. The main resistance line of the formation is 0.89$. Once it is broken upwards and after a possible re-test, it is good to open a position or hop in. This is not a finance advice. DYOR.
Broken Rectangle with high Volume Broken Rectangle with high Volume , now 0.26 became a strong support , we would suggest buying from 0.277 with SL 0.20 and we will target 0.78 first and see what is going to happen again Someone put 100 million into $NKN yesterday Face with tears of joy about this time... Is someone getting listed on a new exchange soon Squinting face with tongue give me that big profit if its Coinbase.
NKN - A great revolution in the field of cryptocurrenciesBig project has block randomization to prevent hacking
Because it is said that in the future, with the arrival of quantum computers, the likelihood of older currencies such as Bitcoin being hacked is very high.
We'll need it to solve many security issues and speed up networks...
NKN Cup Pattern And The Targets That Follow (80%+)This is a classic pattern that shows up quite often at the bottom of a trend or before a reversal... The "cup pattern", the one marked in yellow.
When you look at this pattern on higher timeframes, it will show up as a fake breakdown, when prices move below support just to climb back up quickly.
This is a bullish pattern and the high volume and high RSI supports this notion.
Seeing this on the NKNBTC chart tells us that we are likely to experience higher prices soon.
Thanks a lot for reading.
Remember to hit LIKE for more.
Namaste.
NKN at support, Big News comingNKN is now testing the support zone and we see a good bounce from here. NKN has a lot of developments ongoing and the team is working hard. NKN is released its mainnet and the token swap process is ongoing. If binance supports the swap process we see a good pump in NKN. Don't miss this one.
Buy Zone: 87-89
Target: 98-105-117-133-151-164-188-220
NKN/BTC (Bearish Retest Done?)💎Technical Analysis Summary💎
BINANCE: NKNBTC
-NKN broke its key level for support after trading above 150s sat
-The price tried to reclaim the previous region but failed
-It painted a Bearish retest and if the Bulls can't show up a fight
-Potential downtrend structure is likely to happen this week
-Please don't try to catch a falling knife without a trading plan
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NKNBTC trade opportunities with Engulfing Hello, Dear subscribers!
Today, our automatic Engulfing strategy detected a new opportunity of the reverse to uptrend and potential growth in the NKNBTC price.
The EMA and SMA (5, 10, 20, 30, 50, 100, 200) indicators demonstrates the downtrend. The Commodity Channel Index (20) and MACD level (12, 26) revealed the trend change. Also the trend reverse is confirmed by touching the RSI support line.
The buy level was 0.00000169 and we expect a 2.9% increase from this point which is 0.00000174 level. The alert was automaticaly execured by SkyRock Signals trading bot
NKN Going For A Higher High? Most Likely Yes For 100%NKNBTC is now in an uptrend while trading on a wide ascending channel...
Higher highs and higher lows.
Today's candle is also challenging EMA10 and EMA21...
The strong bullish/green candle on 20-Sept. gives us a signal that the bulls are about to enter the space with force.
If the above happens, we are very likely to hit a higher-high paying over 100%+.
Namaste.
NKN/BTC (Retest Key Support Area?)BINANCE: NKNBTC
-NKN is back at previous key support area where tested multiple times
-We saw a good bounce but the trendline resistance pushes the price down
-NKN must hold the recent low at 187-170 sat range in the coming days
-To protect the price against the Bears in the short term
-Also, we need to see a breakout of the trendline resistance
-That will give us a strong bias of 1st sign of trend reversal
-If everything goes well next week, the upside potential is up to 313 sat or higher
-Perfect stop loss is below the recent Low at 170 sat
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