NKNBTC
NKN Volume Breakout | Bulls Ready To Go (111%+)NKN (NKNBTC) just printed a strong volume bar today while breaking above EMA10, giving us the signal of a high volume breakout once confirmed.
After EMA10 at 0.00000207, the next barrier/resistance is sitting at 0.00000238 which is marked in this chart by EMA50 (a yellow line). Once this level is conquered, NKNBTC can easily produce an impulse move up.
If EMA (0.00000238) fails to be conquered, we follow the red arrow for consolidation to gain strength before the next jump. If not enough strength can be garnered, the prices will move lower and test a new low.
Right now we are looking bullish and ready to go.
Namaste.
NKN Challenges EMA50 | Aims At 222.2% Mid-TermNKN (NKNBTC) is now challenging EMA50 sitting at 0.00000279 BTC. If this level is conquered, we can see NKNBTC move higher... Let's take a look at the chart!
First, we can notice how NKN broke below support (0.00000270/EMA10) for a few days and now is moving back up.
As prices move back above EMA10 and now challenge EMA50, we can also see a clear increase in trading volume.
We also have our trusted RSI being strong above 50, and the MACD showing a bullish crossover.
Chart:
It is likely that this pair will now move higher, according to the signals above.
Conditions for change
If prices move and close below 0.00000230, the above signals are invalidated and we see NKNBTC as bearish rather than bullish.
Thanks a lot for your support.
This is Alan Masters.
Namaste.
NKN/BTC TA Update (Bearish Pattern Confirmed?)NKN/BTC
NKN broke bearish with this descending triangle pattern after the price closes below 264 sats area. NKN tried to get back above the support area
but the Daily EMAs acted as dynamic resistance and the price fell further. This bearish pattern target to the downside is between 170 - 160 sats area.
It is not wise to trade Long positions as the downtrend is just starting. Wait for confirmation before entering a trade.
NKN/BTC TA Update (Bearish Pattern?)NKN/BTC
NKN keeps testing the support level between 276-260 sats many times and we know this is not good because the price keeps making a series of Lower Highs.
If NKN can't break above 320 sats in the coming days, I expect this bearish descending triangle is leading to play-out.
The immediate target to the downside is the 0.786 Fib support.
UUU NETWORK TIME FRACTA ANALYSISBASED ON THE MOST LOGICAL PROGRESSION OF TIME FRACTALS WITH CIRCULAR RESONANCE THESE ARE PROBABILISTIC GROWTh OUTCOMES RELATIVE TO UUU/BTC.
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.
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.
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.