Nkn usdt analysis We are watching daily chart
I guess here is a good enter point
Risk to reward ratio =5.6
Stop limit is close and if we have a bad news our risk is afew
NKNUSDT trade ideas
NKN LOOKS BULLISH (1D)It seems that the diametric F branch is going up. We have two TPs that I have specified
Note: This symbol has a small trading volume and is highly volatile. Be careful.
#NKN/USDT breaks the Diagonal Trendline in 4-Hour TF!#NKN/USDT breaks the Diagonal Trendline in 4-Hour TF!
Wait for successful BO of PDH or a retest to open long position.
NKN 12H ( Bullish Scenario ) #NKN 12H (Bullish Scenario)
NKN is currently experiencing a significant compression (CP) on the 12-hour timeframe, indicating a potential bullish momentum. If this compression is broken to the upside, it could lead to substantial growth for the asset.
🗣️ This scenario would become invalid if the specified support level is breached, so it's important to monitor it closely.
NKN Near to Breakout
Heavy DIPs Price is Holding Nicely
Trend Reversal is Expected Here
Pump is Coming Anytime
Buy Some & Hold
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.
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.
NKN going bullish after breaking out of it falling wedgeNKN now going bullish after its wedge hit a support
SECRET PRICE ACTION NKNUSDT 15 M CHART nknusdt on 30 m chart indication sps where's H L HH LL and rebound at PH, there's also FVG means imbalance and also there's ob so a perfect entry. Playing with spas nknusdt short call.
NKN USDT - Potential Long Setup in 1 Hr TF.BINANCE:NKNUSDT.P NKN USDT. Potential long setup in 1 hour TF. Price shows signs of gaining strength in the next fews hour based on Bullish Divergence.
The entry price and stop loss are mentioned.
NKN USDT - Long Setup After Break of L.HBINANCE:NKNUSDT NKN perfectly test it's support level. Now Try to again start bullish move toward .1400 level. After Break the L.H
NKNUSDT - Short by Supertrend, ADX & MA 6/7/20231. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
2. SUPERTREND INDICATOR:
- Short trend when closes candle is below the red line.
3. MOVING AVERAGE INDICATOR:50
- Short trend when closes candle is below MA line.
4. - SELL/SHORT: reject to Supertrend at current timeframe.
$NKNNKN generally follows ARPA and it is ultra bullish.
1HR:
ADX > 25
MA50 > MA100 > MA200
Supertrend is long
Price > MA50
Chikou Span > Price
Recent Chikou Span / Price Bullish Cross
SSA acting as support
MACD > 0
Volume is rising
4HR:
ADX > 25
MA50 > MA100 > MA200
Supertrend is long
Price > MA50
Price > Tenkan Sen
Price > Kijun Sen > Kumo
Chikou Span > Price
Volume is rising
1D:
ADX > 25
Supertrend is long
MA100 acting as support
NKNUSDT.P Triangle Pattern 1H TFNKN showing symmetrical triangle with a high chance of breaking downside.
New Kind of Network DCA - Rectangle PatternExchange: Binance
Project: New Kind of Network
Ticker: NKN
Sector: Cryptocurrency
Introduction:
Today, we are analyzing the NKN/USDT cryptocurrency on the daily scale chart, focusing on a crucial principle in trading - patience. It's crucial to not jump into trades prematurely and we will be using the current state of NKN to illustrate this.
Rectangle Pattern:
In technical analysis, a Rectangle pattern forms during a consolidation phase, typically characterized by the price bouncing between clearly defined horizontal support and resistance levels.
Analysis:
Like many cryptocurrencies, NKN was previously in a downtrend, subsequently transitioning into a consolidation phase. This phase has formed a Rectangle pattern that has been active for over 384 days. The upper boundary of the Rectangle is at $0.1438, marked by 6 touchpoints, while the lower boundary sits at $0.0685, demonstrated by 3 touchpoints.
At present, the price appears to be consolidating above the 200 EMA, signaling a bullish environment. A breakout, confirmed by a candle close above the upper boundary, could present an opportunity to initiate a long position. The anticipated price target would then be at $0.2200, which signifies a potential price increase of 52.5%.
Conclusion:
This technical setup places NKN as a watchlist candidate. However, today's analysis offers more than just a potential trading setup; it underlines the importance of patience in trading. The marked "spikes" on the chart represent premature breakouts. Those who didn't wait for a confirmed candle closure would have likely encountered significant losses. This serves as a powerful reminder of the crucial need for patience when trading.
As always, this analysis should be utilized as part of a broader trading strategy, incorporating appropriate risk management. Stay tuned for more cryptocurrency analysis and remember, patience is a virtue in trading.
Happy trading!
Best Regards,
KarimSubhieh
NKN/USDT - NEXT MOVE - 20% PROFITI think NKN is a good coin to buy,just hold it,Good luck to you all.
Nkn Getting Ready For 300 to 320% Bullish Wave Seems Like Getting Ready For Massive Recovery Formed Descending Channel In 2days Timeframe I*ncase Of breakout Expecting 300 to 320% bullish Wave In Coming Weeks
NKNUSDT Massive long setupIts been a while since I did not post any trade as I was busy with memes.
As most of you may know, I am glad to announce that I am one of Alireza Mehrabi students posting trade ideas.
So basically I look at weekly or monthly time frames for massive moves and I am not interested on any short time trades.
NKN is very interesting on weekly and monthly chart,
Wedge is already broken and I am looking for a pullback to ape in.
I will update as soon as my limit orders are filled.
GL
NKNUSDT.When last time NKNUSDT made a very strong bullish rally, before rally its consolidation last for 46 days. After that bullish move new consolidation also has completed 46. Is the 46 days time cycle has ended before next bullish move?
NKN convincing me to enter long position in the pullback (Long)I can see an obvious change of character and I just wait for the price to meet the area of interest and expect it touch at least the first higher high in daily timeframe.
NFA
NKNHello everyone, some are surprised why I publish these currencies in the medium term, they collect and then explode, and they need patience, and some do not have patience in this market
