$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.
Nknusd
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 4HOUR UPDATEWelcome to this quick NKN/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- NKN/USDT is triangle pattern create and BUY the green zone
Entry:- buy green zone
Traget:- 40% to 50%
Stop loss :- green box down side candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
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Thank you...
NKN future breakout?NKN is definitely looking good following its current uptrend besides the scam wick through it which was quickly invalidated. It looks like its repeating the pattern from a couple of months ago before the big breakout so look for a possible breakout on NKN to 2 dollars in the near future
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.
NKNUSDT (4h Chart) - Channel BreakoutNKNUSDT (4h Chart) Technical analysis
NKN/USDT (4h Chart) Currently trading at $0.381
Buy level : Above $0.380
Stop loss: Below $0.349
TP1: $0.400
TP2: $0.424
TP3: $0.451
TP4: $0.487
Max Leverage 3x
Always keep Stop loss
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NKN bar pattern comparison 05/09/2021Gathering thoughts for future reference.
I have noticed very similar behaviour on these two assets. NKN looks to be having a similar run to RALLY soon, as we see volume increasing upon reaching the previous spike high. Volatility is also increasing as we come into the high. RSI heavily trending in bullish control zone.
Looking for an explosive 24-48 hour move within the next 3 days, as the bar pattern suggests. The end of the bar pattern falls in line with previous resistance between $0.75 - $0.80.
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.
NKNUSDT Resistance Zone Breakout.NKNUSDT Technical analaysis Update
NKN/USDT currently trading at $0.2550
Resistance Zone Breakout.
In the above chart, price multiple times touched resistance after continuous consolidation finally we can see the resistance zone breakout.
Buy level : Above $0.250
Stop loss: $0.209
TP1: $0.2828
TP2: $0.315
TP3: $0.345
TP4: $0.405
TP5 :$0.0.450
Note: please do your own research before investing. Never invest money that you can't afford to lose.