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NKNUSDT

NKN/BTC (Bearish Retest Done?)💎Technical Analysis Summary💎 BINANCE: NKNBTC -NKN broke its key level for support after trading above 150s sat -The price tried to reclaim the previous region but failed -It painted a Bearish retest and if the Bulls can't show up a fight -Potential downtrend structure is likely to happen this week -Please don't try to catch a falling knife without a trading plan A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
NKNUSDT AnalysisI am currently bullish about NKN while EngineeringRobo remains bearish. If you are holding NKN at the moment, it would be advisable to hold and aim to sell at the .0279 resistance level. However, you can sell at the uptrend line or the downtrend line. If you are interested in buying NKN, your options are: - Buy with EngineeringRobo buy signals - You could buy now as the candles have recently touched the support 0.018 support line and open/closed above it. - You can buy if the candles break above the uptrend line. - You can buy if the candles break above the downtrend line. HOWEVER - EngineeringRobo is still bullish and the Risk/Reward ratio is below 2 - so trade with caution. If you buy with EngineeringRobo buy signals, pay close attention for those EngineeringRobo sell signals! If you're looking to use EngineeringRobo, DM me!
by DanFox0x7C6
1
NKNUSDT AnalysisSince there are 3 SELL signals present, I'M BEARISH. (For people who cannot see, the bear signal is right behind the hell signal.) So, I don't recommend you to buy right now. If you want to buy, you can wait for EngineeringRobo's buy signals to be present, You can buy if candles will touch the support line (0.015) or You can wait for candles to open-close above resistance level (0.028) for 1D to buy. After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
by EngineeringRobo
3
NKN/BTC (Retest Key Support Area?)BINANCE: NKNBTC -NKN is back at previous key support area where tested multiple times -We saw a good bounce but the trendline resistance pushes the price down -NKN must hold the recent low at 187-170 sat range in the coming days -To protect the price against the Bears in the short term -Also, we need to see a breakout of the trendline resistance -That will give us a strong bias of 1st sign of trend reversal -If everything goes well next week, the upside potential is up to 313 sat or higher -Perfect stop loss is below the recent Low at 170 sat ```````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management ```````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ````````````````````````````````````````````
by PolarHusk
14
NKN 100% Gains Don't Miss it 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. --------------------------------------------- Upcoming Events : 30 June 2020 - "New Assets" in Q2, 2020. -Routing And Consensus "Routing & consensus updates" in Q2, 2020. - Mainnet 2.0 nMobile -Web 3.0 Talk With ( Bluezelle / IoTeX / Storj / THETA ) - TUNA/NanoPay GA - NKN 2.0 Unveiled - NKNx Update
Long
by blabdali
The New Kind of Network vs TetherUS (Bullish vs Bearish)NKN Overview About NKN NKN bills itself as a 'new kind of P2P network connectivity protocol' that is powered by a public blockchain. NKN is used to incentivize Internet users to share their network connection and unused bandwidth. NKN's describes its networking infrastructure as 'open, efficient, and robust', thereby enabling application developers to build the decentralized Internet. Whitfield Diffie, inventor of public key cryptography (Diffie-Hellman) and 2015 Turing Award winner, and Stephen Wolfram, Founder and CEO of Wolfram Research, are listed on their publications as advisors for the project. The New Kind of Network (NKNUSDT) is starting to look good with prices now moving above EMA10. We have a volume breakout and bullish indicators (MACD and RSI). When we look at the shorter-timeframe, 4H, we can notice prices moving above resistance: If the purple trendline can be conquered, we will see prices jump next. Thanks a lot for reading. Namaste.
by AlanSantana
1