Get started
NKNNKNNKN
#1025#1025#1025

NKN

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

NKNUSD trade ideas

NKN Breakout Alert: Key Levels and Targets IdentifiedDescending wedge setup suggests a bullish reversal – here’s what to watch. NKN is showing a textbook descending wedge pattern on the daily chart, signaling a potential breakout. Key support at $0.076 has been repeatedly tested, confirming a solid bottom. A short-term pullback to the $0.79–$0.82 zone is expected, presenting an excellent buy opportunity for Degen traders. Of course, absolute confirmation of a breakout is the breakout and test of the breakout line. The initial breakout target is $0.1075, offering a potential 20% gain, with further upside possible if momentum holds. Volume spikes and Bollinger Bands suggest the move is imminent, but caution is advised to avoid overextensions. Watch for pullbacks to mid-channel levels for re-entries, and keep an eye on weekly chart trends, which support a broader reversal. This setup offers both short-term gains and long-term potential for those ready to act. Companion video: COINBASE:NKNUSDC CRYPTO:NKNUSD Not investment advice, this is just for posterity😎 Do your own research.
COINBASE:NKNUSDLong
by Hollywood260AB
NKN Analysis: Breakout Brewing – Buy Zone IdentifiedA technical breakdown of NKN’s descending wedge pattern, buy-in levels, and key targets for traders. COINBASE:NKNUSDC CRYPTO:NKNUSD 🔥 Key Takeaways from the Analysis: Descending Wedge Breakout Setup: The chart shows a descending wedge pattern, a bullish indicator that often leads to upward price movement. Accumulation Phase Identified: Prolonged sideways movement and volume patterns suggest significant accumulation, setting the stage for a potential breakout. Double (or Similar) Bottom Confirmation: Key support levels around $0.076 have been tested and confirmed, solidifying the bottom. Anticipated Pullback Zone: Expect a retracement to $0.79–$0.82 before the breakout. This zone offers a strong buying opportunity. Breakout Target: Initial breakout target is $0.1075 (~20% gain). Further moves could extend higher if momentum sustains. Volume & Bollinger Bands Analysis: A breakout will likely come with high volume. Watch for pullbacks to the Bollinger Bands' midline for re-entry opportunities. Long-Term Perspective: Weekly chart suggests a larger trend reversal, signaling potential for sustained bullish movement. 📝 Video Summary: Chart Overview: NKN/USD daily chart shows a descending wedge pattern, often associated with bullish reversals. Clear signs of accumulation over a prolonged range with high volatility. Support Levels & Patterns: Key support confirmed at $0.076 with consistent wicks rejecting that level. Pattern resembles a double or "similar bottom," reinforcing the breakout potential. Buy Zone & Strategy: Anticipate a pullback to $0.79–$0.82. Monitor behavior around this zone, including volume and Bollinger Band interaction, for entry. Volume Insights: High-volume spikes are expected at the breakout, but excessive volume may cause short-term pullbacks. Use Bollinger Bands to gauge retracement levels before re-entering. Breakout Targets: Initial resistance at $0.1075 for a conservative 20% gain. Potential for further gains depending on market momentum. Weekly Chart Perspective: Signals suggest a larger trend reversal with opportunities for significant upside. Bollinger Band analysis highlights the importance of sideways consolidation before a major move. Pro Tips: Sell during high-volume spikes to avoid overextensions. Watch mid-channel levels (Bollinger Bands) for support during retracements. 💡 Extra Notes for the Audience: Patience Pays Off: Wait for the pullback to $0.79–$0.82 for an optimal entry. Risk Management: Monitor $0.795 support. Closing below it could indicate a failure of the setup. Be Ready for Profit-Taking: The $0.1075 target is a key resistance zone where traders might offload positions.
COINBASE:NKNUSDLong
by Hollywood260AB
1
NKNUSD Descending Triangle Trend Setup!### **NKNUSD Descending Triangle Trend Setup** The NKNUSD 30-minute chart shows a potential **descending triangle breakout** forming. Key levels to monitor: - **Entry Point**: Near the yellow support line, with signs of a breakout. - **Target**: Resistance at **0.1245**, offering a favorable risk-to-reward ratio. - **Stop Loss**: Below the triangle support at **0.1120**, ensuring proper risk management. This setup indicates a possible trend reversal if the price breaks upward, supported by recent consolidation. Keep a close watch for volume confirmation to validate the move. 📊🚀 #CryptoTrading #NKNUSD #TrendSetup #TechnicalAnalysis #CryptoCharts
COINBASE:NKNUSD
by ProfittoPath
1
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?
COINBASE:NKNUSDLong
by UnknownUnicorn10828932
1
NKN 2-22-22Nkn formed a bearish H&S pattern which is now completed, currently we are seeing nkn open up into a broadening wedge which correlates nicely with btc stoch rsi on the daily making a move up. btc must overcome the 42.5k level for it to be considered a continuation of a bullish trend, if rejected it will drop past previous low to around 27.5k level. As for nkn if we break 42.5k nkn will climb and test our resistance zone (green) btc links below. good luck. just my opinion not financial advice.
COINBASE:NKNUSD
by Crypto-RyGuy
NKN Rectangle, accumulation, bullish scenarioNKN is traded in a huge rectangle since May 2021. Price respected the ST bullish trendline one more time, while at the same time is remaining above the 20MA for 10 days. A break through the MT bearish trendline is a matter of time. After that, the next resistance is near the LT bearish trendline. If accumulation is completed, SZ breakout will be no If you’re looking for a confirmation to go long wait for: 1) MT bearish TL breakout 2) 50MA breakout 3) MAs crossover Place a take profit order in the supply zone and a stop loss or alert below the 20MA. If price surpass the SZ, (the most probable scenario) next crucial resistances is $1.50 and $2.32.
BINANCE:NKNUSDLong
by Rhaonnor