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NKN / TetherUS

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NKNUSDT trade ideas

NKN/USDT Break key level area. Ready to continue upward move ??💎 NKN has undeniably attracted significant attention in the market. Currently, it has successfully broken through the key resistance level, entering a valid retesting phase at the support, which was previously a resistance zone. If there is a perfect bounce on the support area, it is probability that NKN will continue its upward movement towards our target supply area. 💎 NKN is reliant on the support area. If it returns to the retesting phase at the support area and fails to maintain or sustain above it, or worse, experiences a breakdown below the support level, it poses a danger. In such a scenario, NKN may revert to a bearish movement, potentially undergoing a downward trajectory toward the demand area or even retracing to the strong support zone.
by MyCryptoParadise
2
✴️ NKN 200%+ Bullish Wave Mapped | Simplicity (Simple & Easy)Not just simple but easy... Simple and easy. NKNUSDT moved above EMA50 back in November 2020, it struggled with the level a little bit in late 2020 until it finally managed to stay above it. Once this level was left behind, a massive bullish wave followed. Very simple. It has been moving, growing slowly five weeks straight and now NKNUSDT is trading again above EMA50 weekly. November 2020 vs November 2023 is exactly 3 years... That's how long it takes for a bottom to be hit, set and confirmed as a new market cycle starts. 1.5 years the bullish cycle and 1.5 years the bearish cycle. The remaining year to complete a 4 year cycle is composed of range trading, the whales accumulation phase. The bear market low after the 2021 bull market happened June 2022 and we have higher lows since. The target on the chart can happen short-term... Long-term, we are likely to see many, many times more growth, maybe 10, 15 or 20X to the next All-Time High... Easy! Namaste.
Long
by AlanSantana
2
$NKN Potential Break out NKN seems to be coming out of this rounding supply line here. In the context of an accumulation range, this would be equivalent of "jumping over the creek" If it holds up, id look for a test of the top of the range next at the 382 / 0.16 Above that, historically its a pretty swift move up to .32 and .43 It wouldnt be alarming if we retested the bottom of the range or got a checkback on the supply line first, but a real nice start here on a reversal.
by TradingNomadic
Bullish on $NKNDaily chart: - We have a Daily OB+ created. - We had price yesterday draw to the M.T of the Daily OB+. This was after price hit the Daily Bearish OB- open price and draw to the M.T mentioned. H4: - We have Price reacting off the H4 Breaker and H4 PB+. The H4PB+ and the Daily M.T + Daily OB+ are the same price level 'Coincidentally' (hehe, jk) - We have H4 Confirming our bias with TWO OB+ and Equal highs to draw to. NKN did not rally much after bitcoin bull run hence I presume its time.
Long
by Sherman_Trades
NKN On Fire: Don't Miss Out on This Buy Trade!"**NKN** is a new kind of peer-to-peer network connectivity protocol and ecosystem that enables applications to access Web3-native networking services, such as bandwidth sharing, VPN, and load balancing, in a decentralized and secure way. **Recent news** * On October 25, 2023, NKN announced the launch of its mainnet 4.0, which includes a number of new features and improvements, such as support for Layer 2 scaling, enhanced security, and a more user-friendly interface. * On October 31, 2023, NKN announced that it had partnered with Chainlink to provide decentralized oracle services to NKN-based applications. This will allow developers to build more sophisticated and reliable applications on the NKN platform. **Fundamentals** * NKN is built on a novel blockchain consensus mechanism called Proof-of-Relay (PoR). PoR rewards nodes for relaying traffic through the network, which helps to ensure that the network is always available and reliable. * NKN's native token, NKN, is used to pay for network services and to participate in the governance of the network. * NKN has a number of unique features that make it well-suited for a variety of applications, including: * Decentralization: NKN is not controlled by any single entity, which makes it more resistant to censorship and attack. * Security: NKN uses a number of security features to protect user data, including end-to-end encryption and distributed storage. * Scalability: NKN is designed to be scalable to handle large volumes of traffic. * Flexibility: NKN can be used to build a wide variety of applications, including VPNs, load balancers, and distributed storage networks. **Disclaimer** This is not financial advice. Please do your own research before investing in any cryptocurrency.
Long
by MoonTradingForecast
2
NKN : THIS MODEL SHOWS 300% INCREASENKN did shows for last month a breakdown view. According to our research, there is a high likelihood that this particular price action zone where NKN is could be a whale-smart invest zone. Why do we consider this zone to be interesting and crucial? We have used certain technical indicators to analyze the oversold condition of this coin and determine the expected range of market liquidity. Additionally, we have examined the growth potential of this coin based on its assets, and it appears to have a high chance of following a trend driven by structure trend in the coming time. In the future, we will closely monitor NKN because we believe it could be very promising. Our target price is $0.20, and we anticipate that NKN could potentially increase by up to 300% in the near future. We predict that this coin may enter a new zone characterized by a bullish trend over time. Please note that this information is not intended as trading advice. Always conduct your own research and make trades based on your own plan and see this only as an idea.
Long
by Goldenbreakout
3
NKN: WHALE INCREASE RETURNNKN is a cryptocurrency that has experienced a significant decline in recent months. However, our research suggests that there is a promising opportunity for a substantial increase in value, which could potentially bring the coin back to a level of $0.14 and even reach a new target of $0.20. Based on our analysis, we anticipate a positive trend for NKN in the future. If this trend unfolds as expected, it is likely that more investors who had previously traded against the coin (shorts) could exit their positions when the trend breakout by whale increase as this chart idea shows. Please note that this information is not intended as trading advice. It is always important to carefully manage your risk and trades. We will continue to monitor the progress of NKN in the coming period.
Long
by Goldenbreakout
2