NKNUSDT trade ideas
Short-term prediction for $NKNYou see that yellow line? That, kiddo, is a hard ass support and it will give this goddamn coin some big bounces, I am very positive that $NKN is gonna hit 0.2$. It's after this level that matters: it could go three ways, $NKN wouldn't break 0.2 which I find rather unlikely, it would get stuck in the safe zone between 0.2 and its ATH (0.23$) which is what I'm gonna be expecting, or the sweetest one which is forming a new ATH. I love the idea of the last one and yes it IS going to happen, but not that soon.(Come on stop being a hasty moron! Go listen to what August Marks says in SOA about patience.) And also, considering this recent hard bottom it surely is a good time to buy.
NOTE: This was not an economical advice or some signal or shit, and if you blame me for your failures homes, you gotta visit a shrink or s.th. (F*** YOU)
NKN coin completing Cypher pattern for 135% big moveHi dear patrons, hope you are well, and welcome to the new update on Paris NKN coin.
On daily time frame chart, the price ation of NKN is competing final leg of bullish Cypher .
This trade has a big profit possibility of 135%, and the loss possibility is 27%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NKN - A great revolution in the field of cryptocurrenciesBig project has block randomization to prevent hacking
Because it is said that in the future, with the arrival of quantum computers, the likelihood of older currencies such as Bitcoin being hacked is very high.
We'll need it to solve many security issues and speed up networks...
A New Kind of Network ;NKN/USDT analysisWhat is 🌟Nkn 🌟?
(Network Infrastructure for Decentralized Internet)
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.
❇️The current internet has got some serious issues!
After years of transmutation, the Internet is in danger of losing its original vision and spirit. For example, Network Neutrality is overturned; spectrum and bandwidth are not efficiently utilized; information is fragmented and can be censored; and privacy protection is limited. These signal that the network needs a reform.
❇️Existing solutions are not suitable for next generation blockchain systems because they:
👉Utilize a centralized approach to improve efficiency.
👉Sacrifice the scalability of the network to speed up consensus.
👉Limit participation rate of nodes or require authorization to increase “security”.
👉Use purely financial motivations or trusted third parties to solve problems which should be solved by mathematics and technology
1-Structure :is inefficient
2-Utilization: wastes resources
3-Centralization: reduces trust
The Client-Server model is expensive, complex, and prone to failure and attack
Today, most communications need to go through a centralized server, where it can be blocked or sabotaged, hacked into, or eavesdropped on.
The aim of NKN is to solve all of these problems by providing a decentralized solution with blockchain technology, and a state of the art network topology based on Cellular Automata.
references:nkn.org - coinmarketcap
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for NKN, The current price roam about $0.2 ,
The currency has made headlines in recent weeks, experiencing a sharp increase of more than 250%;
You see, let's imagine these two different patterns for it, the reverse head and shoulder pattern, and the cup again.
Which gives us long-term goals of $ 0.38 and $ 0.8 and even the possibility of reaching $ 2.5, the return of which depends on the green market of Crypto.
I think ,NKN can correct down to 50% or grow even up to 100% more in short-time by forming a flag pattern, so the stop-loss is necessary; if you are in a long position.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
NKNUSDTWhat we see now :
1- the price at 0,1831$
2- the current resistance at 0,18$
3- there is no buy signals yet
What we have to do :
1- wait the daily closing above the resistance level + one buy signal to take a position
2- wait for two positive buy signals
3- keep watching to see one of these two conditions to take a position the price now is in dangerous level
Trade with your own responsibility
NKN/USDT - LONG - Potential 14.8%***NEW TRADE SET UP"**
NKN/USDT - LONG - Potential 14.8%
Optional Leverage: N/A
Entry- 2298
TP1(75%) - 2400
TP2- (25%) - 2639
SL- 2167
- BTC forming pennant - will break soon if break down it will take out trade - be wary
- Based on Cup & Handle pattern
- RR - 2.6
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
NKNUSDTPERP - Long - Potential 14.04%***NEW TRADE SET_UP"**
NKNUSDTPERP - Long - Potential 14.04%
Optional Leverage: 3X - 5X
Entry- 2314
TP1(75%) - 2433
TP2- (25%) - 2639
SL - 2132
- MANAGE TRADES- BTC VOLATILITY & BIG DROP POSSIBLE
- RR - 1.79
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
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!
NKNUSDT ANALYSISToday chart is so complicated it hits up trend line also resistance line and we might get buy2 signal
My advice buy this coin when it hits the up trend line and sell at the resistnace line($ 0,3078) and
watch carefully EngineeringRobo ' s sell signal
If you hold this coin don't hurry to sell it , sell at the resistance line (to take a profit) and watch carefully EngineeringRobo' s sell signal
Have a good trade If you want to use EngineeringRobo please dm me.