#NKN/USDT Ready to go up#NKN
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.0611
We have an uptrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.0852
First target 0.0974
Second target 0.1146
Third target 0.1400
NKNUSDT
NKN Spot trade | 200% potential Bullish breakoutNKN/USDT is showing signs of a bullish breakout with 200% upside potential. The price action suggests a strengthening trend, and if it breaks through key resistance levels, a significant rally could follow. Traders should monitor volume and RSI to confirm the momentum. Keep an eye on the 50 and 200-day moving averages as potential support zones for the move. 📈 #NKN #Crypto #Breakout
NKN/USDT TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
NKN looks good here. Break out done and after a successful retest, it starts going up. Long some here and add more in the dip.
Possible Entry & Targets:
Entry: Current Market Price (CMP) and potentially add more up to $0.115
Potential Targets: $0.126/$0.138/$0.157
Stop-loss: $0.113 (Consider setting a stop-loss based on your risk tolerance strategy).
Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested.
Let's Discuss
What are your thoughts on this current price action? Do you see a bullish pattern? Share your analysis in the comments below!
NKNUSDT 1W LONG📈Hi all. NKNUSDT has been in accumulation for almost 2 years, with increased volumes. I am considering spot recruitment now, with possible additions, which I will inform you about additionally (if there are any). Everyone can see the accumulation, so there is a high probability of collecting liquidity and then going up. Also long during breakout/retest. Marked goals and levels.
with two way nkn can pump to .26 or .28 $i draw on nkn after breakout on first season(red line)
I was waiting for him to touch the target quickly. But with the fall of Bitcoin and Total Market Cap, it returned to Fibo 0.618 and started a new movement. In the second move (black line) it can also touch the previous target. So we shop here with caution
NKN ANALYSIS (1D)First of all, note that NKN's movements are full of shadows and move slowly.
We have 3 big ABC waves on the chart. Wave A and B are over and now we are in the big C wave.
Wave C looks like a diamond diametric, and now the price is completing the bullish wave F of this diametric.
By keeping the green box, it can move towards the red box
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NKN/USDT Lying on the strong support, Could NKN Bounce and UP?💎 NKN has recently undergone significant developments in the market. Positioned at a critical support zone, the strength of this area in sustaining NKN's downward movement is evident in historical data.
💎 There's a likelihood that NKN will bounce from this support and probability make another attempt to breach the robust resistance area.
💎 However, failure to maintain support could be concerning, indicating a breach of a crucial area. This could lead to a reversal in momentum, with the next support level situated at the demand area.
💎 NKN must bounce from the support area and reclaim the region above the support area. In the absence of positive signals, a prolonged sideways movement may result in NKN losing support, triggering a downward movement towards the formidable support area.
#NKN/USDT#NKN
The price has been moving in a descending triangle since July 2022
It was based on a strong support area at 0.0860.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the triangle, and therefore we expect the price to rise to the specified areas.
The current price is 0.1015.
First goal 0.1869
Second goal 0.3019
This represents 300% of the current price.
Pay attention to correction areas.
NKN is continuing to go up in the Bullish channel NKN is continuing to go up in the Bullish channel after the rejection
🔵Entry Zone 0.1285 - 0.1345
🔴SL 0.1198
🟢TP1 0.1459
🟢TP2 0.1638
🟢TP3 0.1939
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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NKN/USDT Break key level area. Ready to continue upward move ??💎 NKN has undeniably attracted significant attention in the market. Currently, it has successfully broken through the key resistance level, entering a valid retesting phase at the support, which was previously a resistance zone. If there is a perfect bounce on the support area, it is probability that NKN will continue its upward movement towards our target supply area.
💎 NKN is reliant on the support area. If it returns to the retesting phase at the support area and fails to maintain or sustain above it, or worse, experiences a breakdown below the support level, it poses a danger. In such a scenario, NKN may revert to a bearish movement, potentially undergoing a downward trajectory toward the demand area or even retracing to the strong support zone.
NKN : THIS MODEL SHOWS 300% INCREASENKN did shows for last month a breakdown view. According to our research, there is a high likelihood that this particular price action zone where NKN is could be a whale-smart invest zone.
Why do we consider this zone to be interesting and crucial?
We have used certain technical indicators to analyze the oversold condition of this coin and determine the expected range of market liquidity. Additionally, we have examined the growth potential of this coin based on its assets, and it appears to have a high chance of following a trend driven by structure trend in the coming time.
In the future, we will closely monitor NKN because we believe it could be very promising. Our target price is $0.20, and we anticipate that NKN could potentially increase by up to 300% in the near future.
We predict that this coin may enter a new zone characterized by a bullish trend over time.
Please note that this information is not intended as trading advice. Always conduct your own research and make trades based on your own plan and see this only as an idea.