NKN USDT - Potential Long Setup in 1 Hr TF.BINANCE:NKNUSDT.P NKN USDT. Potential long setup in 1 hour TF. Price shows signs of gaining strength in the next fews hour based on Bullish Divergence.
The entry price and stop loss are mentioned.
NKNUSDT
NKN USDT - Long Setup After Break of L.HBINANCE:NKNUSDT NKN perfectly test it's support level. Now Try to again start bullish move toward .1400 level. After Break the L.H
New Kind of Network DCA - Rectangle PatternExchange: Binance
Project: New Kind of Network
Ticker: NKN
Sector: Cryptocurrency
Introduction:
Today, we are analyzing the NKN/USDT cryptocurrency on the daily scale chart, focusing on a crucial principle in trading - patience. It's crucial to not jump into trades prematurely and we will be using the current state of NKN to illustrate this.
Rectangle Pattern:
In technical analysis, a Rectangle pattern forms during a consolidation phase, typically characterized by the price bouncing between clearly defined horizontal support and resistance levels.
Analysis:
Like many cryptocurrencies, NKN was previously in a downtrend, subsequently transitioning into a consolidation phase. This phase has formed a Rectangle pattern that has been active for over 384 days. The upper boundary of the Rectangle is at $0.1438, marked by 6 touchpoints, while the lower boundary sits at $0.0685, demonstrated by 3 touchpoints.
At present, the price appears to be consolidating above the 200 EMA, signaling a bullish environment. A breakout, confirmed by a candle close above the upper boundary, could present an opportunity to initiate a long position. The anticipated price target would then be at $0.2200, which signifies a potential price increase of 52.5%.
Conclusion:
This technical setup places NKN as a watchlist candidate. However, today's analysis offers more than just a potential trading setup; it underlines the importance of patience in trading. The marked "spikes" on the chart represent premature breakouts. Those who didn't wait for a confirmed candle closure would have likely encountered significant losses. This serves as a powerful reminder of the crucial need for patience when trading.
As always, this analysis should be utilized as part of a broader trading strategy, incorporating appropriate risk management. Stay tuned for more cryptocurrency analysis and remember, patience is a virtue in trading.
Happy trading!
Best Regards,
KarimSubhieh
NKN/USDT - NEXT MOVE - 20% PROFITI think NKN is a good coin to buy,just hold it,Good luck to you all.
Nkn Getting Ready For 300 to 320% Bullish Wave Seems Like Getting Ready For Massive Recovery Formed Descending Channel In 2days Timeframe I*ncase Of breakout Expecting 300 to 320% bullish Wave In Coming Weeks
NKNUSDT Massive long setupIts been a while since I did not post any trade as I was busy with memes.
As most of you may know, I am glad to announce that I am one of Alireza Mehrabi students posting trade ideas.
So basically I look at weekly or monthly time frames for massive moves and I am not interested on any short time trades.
NKN is very interesting on weekly and monthly chart,
Wedge is already broken and I am looking for a pullback to ape in.
I will update as soon as my limit orders are filled.
GL
NKNUSDT.When last time NKNUSDT made a very strong bullish rally, before rally its consolidation last for 46 days. After that bullish move new consolidation also has completed 46. Is the 46 days time cycle has ended before next bullish move?
NKN convincing me to enter long position in the pullback (Long)I can see an obvious change of character and I just wait for the price to meet the area of interest and expect it touch at least the first higher high in daily timeframe.
NFA
NKNUSD - Reminds Me Of Early LTCUSDStrong horizontal movement on NKN gives me the impression that a big move is building up.
This pump will be big, just as LTCUSD pump was big in roughly 2017 when it went to $300
Bars pattern is copied from the LTCUSD chart.
NKN/USDT 2x coming 🚀Looking for a profitable trade opportunity? Consider NKN/USDT.
Buy between $0.1 and $0.082,
and aim for gains at $0.12, $0.13, $0.16, $0.18, and $0.2.
Cheers!
NKN looks bullishHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the NKN symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✴️ NKN Breaks Long-Term Consolidation Box | Bulls Confirmed✔️ NKNUSDT is breaking above MA200 weekly and at the same time a long-term consolidation box, this is a major development.
✔️ NKNUSDT has been going sideways for 11 months after hitting a low in May 2022 and it now finally breaks out.
These simple signals are pointing to the start of a new bull phase; a bull-market. (Higher highs and higher lows, long-term).
Namaste.
NKNUSD 50 % pump in a short-term NKNUSD looks good.
The key support has held and the price is moving gradually up.
We see 2 possible scenarios.
Either the price will retest the support again and we will see more consolidation before the pump or the price will pump without any pullback.
Anyway, NKNUSD looks ready to give beautiful 55% gains.
As long as BTC consolidates or is on the rise, NKN should pump.
NKN hits the first target , What next!NKN is super bullish and today it hits the first target at 0.16
Now the next is 0.21 and we will double our money .
I enter this trade at 0.12 and still holding !
GOOD LUCK
NKN : INCREASE VIEWNKN showing on the low time frame increase view, we will see if this can confirm in the coming time.
$0,144 is also an important confirmation zone.
Nkn going to double Nkn broke the trend line , back test , now going to double
Looks good market this day , despite the news , some how baba jones try to make good deals .
GOOD LUCK
#NKN/USDT [NKN]: BBand_Breakout We've identified a Bollinger Band breakout on the $NKN/USDT chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
NKN LONG TRADE 20221213A BOTTOM is out there, high volatility continues with high probability
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Latency for the NKN bullishness Dent nkn elon chz
Dent and nkn are more reliable
Elon is shit coin and i don't know why i don't like saying i wanna buy shit coin, simply i feel bad but i wanna buy it unfortunately
Chz is... abnormal i say, take a look at btc pair ... It might already be bullish cause we are playing ⚽ but both charts has not the same timing for an impulse
About the this chart, chart is impulsive, as long as 0.618 is not broken ...
Tp can be 1.272 reverse extension for the conservative people, 1.618 fib extension for fantasy lovers and it might be true
DYOR lads
Why i saw a maddening red moon and btc was calm and quiet?!!! Anyone?
#nkn Elliott wave analysis Here is the long term holding for this coin.
You need to take care of the stop lose as a analysis failure and the coin will go down deep if it is touch the mentioned number.
greeting.
NKNUSDT 4H LONGNKN breaks the trendline and retest it. Market is recovering and it will follow soon.
NKN / USDT Short...NKN /USDT Sell.... This is not signal... Dont risk more than 3% of your account on any trade...
NKNUSDT BEARISH MOVE NKNUSDT looks kinda bearish to me. A few days ago it pumped big. Now it keeps getting rejected from the 0.125 level. I think the price will go back to the 0.1255 level and then goes down towards the big support level of 0.08885.
