NKN | Fast Short-Term BU-Wave Mapped (117% - 263% Pot.)The sessions here are each worth three days (3D Candles). So these are really strong candles compared to the daily session.
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Give me a minute of your time to review this another opportunity, it can be rewarding.
➢ NKNBTC produced a classic reversal pattern. Notice the last green session that closed, it is full green and it recovered more than a month of bearish action. This is the bullish breakout.
This type of action is part of a "stop-loss hunt event."
A sudden and fast crash, at already low prices, just to be followed by an even stronger and fast recovery. Once the signal is in, we can get expect growth.
➖ A failed signal on the bearish side;
➖ A reversal on the bullish side.
👉 The first target is very easy, a little more than 100% potential and goes in-between EMA89 and EMA144. There can be more growth of course, it can take a few weeks waiting time for the action to develop. Maximum 2 months.
Namaste.
NKNBTC trade ideas
✳️ NKN Long-Term Higher Low | Reversal SignalsEven if only by a few sats, it is still a higher low.
➖ In May 2022 NKNBTC bottomed at 0.00000230.
➖ In January 2024 NKNBTC bottomed at 0.00000235.
That's a long-term higher low or double bottom, works the same as a reversal signal.
➖ We also have a "volume breakout". Yesterday's volume was the highest since June 2023. Another reversal signal.
➖ NKNBTC is trading literally at bottom price yet the RSI is above 50 (bullish/strong).
➖ NKNBTC is trading above EMA50 which opens the doors for medium-term growth (1-3 months minimum). As it moves and closes above long-term moving averages growth potential for longer periods of time is confirmed.
"Bottom prices" means low risk vs high potential for reward.
For example:
✔️ Risk can be 20% or 30%.
✔️ Growth potential can go to 400%, 600%, 800% and beyond.
Let's move on to the next one.
Thanks a lot for your continued support.
Namaste.
NKN/BTC - NKN: BBand Breakout Super-Trend◳◱ On the $NKN/ CRYPTOCAP:BTC chart, the Bband Breakout Super-Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 0.00000252 | 0.0000026 | 0.00000274 and support near 0.00000238 | 0.00000232 | 0.00000218. Entering trades at 0.00000246 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: NKN
▣ Rank: 401
▣ Exchanges: Binance, Kucoin, Huobipro, Hitbtc
▣ Category/Sector: Infrastructure - IoT
▣ Overview: NKN is a public blockchain that aims to use economic incentives to motivate Internet users to share network connections and utilize unused bandwidth. NKN aims to be a network for building decentralized applications in a way that enhances peer-to-peer data transmission and connectivity.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000246 ₿
▣ 24HVol: 0.498 ₿
▣ 24H Chng: -0.405%
▣ 7-Days Chng: 3.22%
▣ 1-Month Chng: 5.35%
▣ 3-Months Chng: 6.88%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000252 | 0.0000026 | 0.00000274
◢ Support: 0.00000238 | 0.00000232 | 0.00000218
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -0.59
▣ Last 90D: 0.65
▣ Last 1-Y: 0.31
▣ Last 3-Y: 0.88
◲◰ Volatility :
▣ Last 30D: 0.64
▣ Last 90D: 0.75
▣ Last 1-Y: 0.80
▣ Last 3-Y: 1.66
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.55 - Bullish
▣ Reddit sentiment score is 0.42 - Bearish
▣ In-depth NKNBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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✳️ NKN Looks Like Bancor, You Know What This Means?Bancor had a very strong bullish breakout growing high in the two digits in a single day, with signs that additional growth is possible right away.
NKN is looking just like BNT right now, which means that it has potential for fast growth once it starts to move.
On a different note, we have a low set between mid to late June followed by consolidation.
The volume is really low on the drop and even lower on the lower low 28-June, telling us that the bears are over, they have no more strength.
Notice how high volume will grow when the bullish breakout take place.
As usual, this setup can fail like everything else.
It is not guaranteed to go up, it can change course and that's ok.
If a drop happens, you have a very low risk when you consider the stop-loss... That's my trading strategy in a nutshell, buy and hold those setups with low risk and a very high potential for reward.
We will see how it goes but we expect it to be big and nice, so we can add this one to our list of results.
Thank you again for reading.
Make sure to follow to get all the latest Altcoins and Bitcoin updates. 100% Cryptocurrency right now.
I love you.
Sending you good vibes and my best wishes.
Namaste.
✳️ NKN Looks Good But... 4896% Explained (Name Your Altcoin #55)This trading pair looks good based on many different signals but things can easily change.
NKNBTC bottomed January 2021 at 51 satoshis (0.00000051 BTC).
Bullish consolidation followed in February of the same year and a major bullish wave took place in mid-March 2021 that lasted for less than a month and ended in April 2021.
This was a 4,896% or 48X bullish wave.
If I shared a trade idea predicting such a move or published a trade, people would not believe it.
They would say, "it is impossible with the market sentiment to see a 4,800%+ wave in a matter of months!"
What if the same repeats?
Since the peak price in 2019 to the peak in 2021 we have a period of a little more than two years.
If we calculate from the 2021 peak to early April 2023 we have the same time period, a little over two years...
The conditions are similar now but better.
Notice the cryptocurrency market sentiment, very bad... This type of sentiment leads to the strongest type of bullish explosive growth.
NKNBTC Chart Signals
This pair is trading weekly above MA200, EMA10, EMA50 while challenging EMA100.
EMA50 only confirms once this week closes above 497 sats, closing below would invalidate this part of the signal which doesn't mean anything.
We have a long-term higher low May 2022 vs Jan. 2021.
The RSI is super strong while there hasn't been any major bullish breakout.
The MACD is above 0 (bullish).
Many altcoins already produced massive gains.
Everything is looking great but, things can change.
We can go from a dead, dull, boring market, to a massive explosion of growth mixed with excitement and euphoria, in a matter of days.
Bitcoin is bound to produce a correction, a strong correction at some point and that will be the catalyst for the Altcoins explosion, money will flow from Bitcoin to the rest of the market and after the low/support is found the next bull-market will be confirmed and years of growth is likely to take place.
The market moves in cycles...
It does it like clockwork.
As the money supply expands and Bitcoin's supplies contracts, this leads to the appreciation of Bitcoin and Crypto which is like Bitcoin's arms and legs.
Namaste.
NKN/BTC BREAK OUT! READY TO PUMP 90%Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this NKN/BTC TRADE setup. NKN looks good here.
NKN is breaking out from the falling wedge-like structure in the daily time frame. It also breaks the 21D ma and now trying to break 50 ma.
Buy some now and add more at the retest.
Entry range:- 480-520 sats
Target1:- 604 sats
Target2:- 712 sats
Target3:- 822 sats
Target4:- 932 sats
SL:- 440 sats
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
NKN - New Kinda Rocket Ship🚀1000%+?!🚀 NKN - one of my favourite sleeper projects, is looking to make it's way to the bank once again.
Significant volume spikes after the most recent breakout and retracement- this chart like to move QUICK when it moves and the volume spikes are a clear indicator something is going down.
Don't sleep on this - NKN is easily a coin that deserves a spot in the top 100 and still has a SIGNIFICANT way to go before getting there. So why not catch a ride?
CTXC should be next one to be pumped hard - as NKN didYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
NKN Cup Pattern And The Targets That Follow (80%+)This is a classic pattern that shows up quite often at the bottom of a trend or before a reversal... The "cup pattern", the one marked in yellow.
When you look at this pattern on higher timeframes, it will show up as a fake breakdown, when prices move below support just to climb back up quickly.
This is a bullish pattern and the high volume and high RSI supports this notion.
Seeing this on the NKNBTC chart tells us that we are likely to experience higher prices soon.
Thanks a lot for reading.
Remember to hit LIKE for more.
Namaste.
NKN at support, Big News comingNKN is now testing the support zone and we see a good bounce from here. NKN has a lot of developments ongoing and the team is working hard. NKN is released its mainnet and the token swap process is ongoing. If binance supports the swap process we see a good pump in NKN. Don't miss this one.
Buy Zone: 87-89
Target: 98-105-117-133-151-164-188-220