NKNUSDT trade ideas
Nkn analysisPrice is on a range right now and it's strong so am waiting for a break from the bulls to continue the trend,that is for now we are still expecting a pump to breakout
The zone at the bottom is the last pullback before the pump eventually if price breaks below that will result to a structure break/trend break 🗣️🗣️ BULLISH
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nkn may 12thGanFan and fib tracements from several different lows and highs those are the ones that lined up.
🆓NKN (NKN) May-12 #NKN $NKNNKN has just rejected from the 0.65$ zone and it could have a small correction to 0.55$ then find out a new chance to generate new rally up to 0.8$ and 1.1$ zone in this May.
📈BUY
-Buy: 0.535-0.565$ if A. SL if B
-Buy: 0.635-0.665$ if A. SL if B
📉SELL
-Sell: 0.78-0.82$. SL if A
-Sell: 1.07-1.13$. SL if A
♻️BACK-UP
-Sell: 0.535-0.565$ if B. SL if A
-Buy: 0.39-0.41$. SL if B
❓Details
🕯Timeframe : 12 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Great buying opportunity. $2+ incomingHas consolidated for around a month below $1. It appears to be getting ready for a leg up from the bull pennant.
RSI close to oversold on the daily.
$2 (1.618 fib level) is the target after crossing previous ATH.
NKNUSDTTHIS IS NOT PRO ANALYSE FIRST PICK OTHERS IDEA :::))))
NKN CLOSE TOO START AND YOU CAN SEE TRIANGLE this hapen you can got 238% profite
BUT LITTLE HAVE RISK FOR GOING BOTTOM AND PEROTECTION STRANG IS : 0.484334 AND I THINK CAN BREAK THIS but remmebr broke this perotection becurfull so better wait first broke triangle on top and u join
protections (SL)is :
0.54355
0.48434
0.36944
and firsy need brok ethe resisdance is : 0.76741
targets :
95257
1.25932
1.49432
AND GOAAALLL IS :
2.12308
GL have a good traid
NKNUSDT CUP HANDLENKNUSDT is making a cup handle formation in the 4h frame time. The support and resistance lines are given in the graphic. The main resistance line of the formation is 0.89$. Once it is broken upwards and after a possible re-test, it is good to open a position or hop in. This is not a finance advice. DYOR.
NKN/USDT (target update for telegram) 🤑Hey hey my friends 👋
The entry was posted in our telegram channel you can get the re-test of this breakout ✔
This is going to be a mid term hold 👫
NKN ANALYSISSo am expecting price to make a retracement down or a minor retracement before any further pump but yeah am currently on NKN for now we haven't broken the structure on daily so still expecting a pump
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ready to MOVE UP after break the triangleNKN is located on the Dynamic Support and I think it will start its uptrend movement form this range
NKNUSDT/4HAfter breakout from down trend we saw a nice pullback on support line. I think we're gonna see last price plus a nice kiss to up trend! We will see!
NKN Long Trade (If price breaks trend to the upside)If Price gets bullish above trend line for the break. I would like to see a pull back to test with higher lows and wicks at the bottom for a nice long to the next level of resistance.
