NKNUSDT 4H CHARTThe price bounced off support and has broken out of the descending triangle. A close above the descending triangle would see the price retest area of resistance.
Entry: CMP
Target: 0.62-0.7-0.81
SL: 0.47039
This would be invalidated if the market closes below the descending triangle.
NKNUSDT
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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
NKN/USDT 4 HOUR UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
NKN/USDT trending on a strong support level .
Entry: CMP
Targets:
$ 0.540
$ 0.630
$ 0.747
Stop Loss: Break out and close down side the white support line .
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
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/USDT: Moon Trading & Technical AnalysisAs we can see, this token has been performing excellently. And now it has been forming a triangle pattern from which we can see two potential targets: TP2 which is a projection of the highest side of the triangle and it is when started to be formed, and then we have TP1 which is a projection of the smaller constitutive part of the triangle. We only need to wait till the 4H candlestick breaks above the upper triangle line which is acting as resistance. Sit back, relax, enjoy your weekend and leave some alerts.
Also you can check the fundamentals of this token which are great and extremely bullish! Never invest in something you don't understand my friend. And remember this is not financial advice, just my opinion.
Let me know your thoughts on the comments below!
Have a fantastic day and may we see great profits from this token!
$NKN/USDT 12h (Binance Futures) Falling wedge break and retestNew Kind of Network successfully retested both 50MA & 200MA support and is looking good for bullish continuation!
More information about that IoT (Internet Of Things) blockchain on nkn.org
Current Price= 0.36868
Buy Entry = 0.35361 - 0.32951
Take Profit= 0.42385 | 0.51873 | 0.61993
Stop Loss= 0.28652
Risk/Reward= 1:1.5 | 1:3.22| 1:5.06
Expected Profit= +24.09% | +51.87% | +81.50%
Possible Loss= -16.11%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 months
NKN/USDT Preparing for a pumpNKN is an undervalued Web 3.0 platform with only 266 Million Market cap. Currently tested the support and trading in the confluence area.If the next minor resistance broken then we will see a massive pump towards or beyond the major resistance. This project has so much potential so we can expect a new ATH before end of this year.
This is not financial advise please DYOR and place stop loss below the support.
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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NKNUSDTPERP { NKN } - BULLISH SETUPANALYSIS 🔎
- NKNUSDTPERP is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.42721).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
NKNUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price has hit its support level several times and has been supported. Currently, it has implemented the price of the Head and Shoulders model. But if he can break and stabilize his resistance line, he can see higher numbers. But if the price penetrates below the support line and stabilizes, we can consider a fall to the next support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Eyes on $NKN as wellAscending triangle in formation.
About The Token :
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.
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.