NKN/BTC (Bullish Daily Pattern?)NKN/BTC
-Price action is trading inside a downward channel
-NKN is back at previous Key support area
-If we can see a break above the trendline resistance
-That is a good Buy signal in the midterm
-I recommend entering a position on breakout or retest confirmation
-This will lead give a strong bias of market direction is going up
NKNBTC
NKN 100% Gains Don't Miss it NKN, or New Kind of Network, is an open-source protocol for public blockchain-based peer-to-peer Networks to share network bandwidth and Internet connectivity. The project was launched in January 2018 and lists Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography as advisors. NKN Mainnet was launched in July 2019 and has up to 25,000 full consensus nodes (more than Bitcoin or Ethereum).
Notable use cases for NKN include:
Content Delivery system (contract with Chinese video giant iQIYI)
Edge computing (contract with China Mobile)
D-chat (secure messaging app)
nShell (secure remote terminal access).
NKN’s consensus algorithm is based on Cellular Automata, A New Kind of Science and Ising Model, where a simple local majority rule can lead to system-level convergence in a small number of iterations. The design goal is to scale to arbitrary numbers of equal consensus nodes.
NKN uses a global addressing scheme based on public keys, in order to enable direct peer to peer communication without centralized servers. The routing of packets is based on Chord Distributed Hash Table (DHT), which maps each NKN address to a random and verifiable position on the Chord DHT ring.
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Upcoming Events :
30 June 2020
- "New Assets" in Q2, 2020.
-Routing And Consensus
"Routing & consensus updates" in Q2, 2020.
- Mainnet 2.0 nMobile
-Web 3.0 Talk With ( Bluezelle / IoTeX / Storj / THETA )
- TUNA/NanoPay GA
- NKN 2.0 Unveiled
- NKNx Update
NKNBTC Ready For 98% Profit Ride#NKNBTC BINANCE:NKNBTC TA Update:-
NKNBTC broke our the resistance level.
And now trading above Retest or support level.
So this is good time to fresh setup.
Setup:- 230-250 Satoshi
Targets:- 309/362/580 Satoshi
Stop Loss:- 210 Satoshi
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New Kind of Network (NKN) Chart Analysis With Targets (170%+)We are now looking at NKNBTC (New Kind of Network) on Huobi, let's see what we have here.
First, let's start by noticing how EMA200 (brown line) has been rejecting NKNBTC's growth in the past two months... This is the level to watch out for.
If EMA200 (0.00000268) can be conquered, we can expect strong growth to take place right after.
But if instead this level can't be conquered, we will have another retrace as we saw in mid-March (green area).
On the above chart, I marked the next strong support (0.00000184) as well as the last low (0.00000145).
If prices drop below our main support, we still expect a strong bounce after (bold green arrow).
We remain bullish long-term.
Thanks a lot for reading.
This is not financial advice.
Namaste.
NKN/BTC (Trend change?: up to 45% profit)NKN/BTC
NKN has broken the 1st resistance line at 207 sats and if this current level will hold, NKT may see another growth up to 251 sats area.
A pullback to previous resistance to confirm new support at 207 sats area would be a good buying opportunity to enter a Long position.
Our stop-loss would be below the previous higher low at 177 sats.