NKNUSDT trade ideas
NKNUSDTProbably the end of the correction occurred, it is assumed that it was in the form of a plane. Wave B was 0.618 from A, estimated C 0.618 from A., total correction of wave 3 to log 0.5, not to log 0.886. Thus, according to the fibonacci values, we can say that the correction is over.
In the current situation, we need to consolidate and pull back on ema20 at the bottom and on ema200 for 2h, since there is overbought, which can be seen by hidden divergences on the daily timeframe on RIS, MFI, direct 2h divergences on RIS, MFI.
The 1st wave of new growth is expected at 5, respectively, a rollback at 2 is also expected.
Naturally, you can take the current ones so as not to catch a rollback, but you will need to sit out ...
There is also an option that this is not a plane, but a triangle (0.618 hints), as in btc, where it is more obvious.
And yet, wave C is not over yet, now there are 4 in wave C, there will be another 5th.
(NKNUSDT) OUR HIGHER LOW???? 12 HOUR TF ANALYSIS Simple uptrend structure, forming higher highs and higher lows.
Key Levels:
Support - .3100
Resistance - .4500
Once we break through resistance and retest, we will be looking for a long!
LONG TERM TARGET: .8100
BUT ONLY IF WE HOLD .3100. If price goes below and holds we will wait for another opportunity
FALLING WEDGE BREAK OUTfalling wedge pattern bullish
Buy now
Target $0.41-$0.51-$0.57.$0.70
Stop loss must
NKN double bottomNKN is in a double bottom pattern, which called W pattern. If bitcoin will not go down, NKN will be in the moon!
NKN 12-14-21fib levels from different highs and low show us that .236 is a major support to hold. since these levels match up when drawn from different supports and resistances, we can assume nkn will hold support here. Now if we break this support most investors will end up pulling their assets, this will be bad news for NKN. Especially if btc continues to breakdown (which i am optimistic about). if you wanted to enter a trade set up .28 to .33 is a great spot for a long term set up.
Watch the trend line NKNIt will be good if the descending trend line broken, but it will not going to the MOOON !!
NKN to hit $47.57 at the 1.618 extensionAiming for $47 on NKN, a 30.9 B mcap from current 242 M mcap. It's the 1.618 extension off all time price low to high.
NKNUSDT, BUYAs you see from the chart NKNUSDT respects 50 EMA in 1W timeframe and retraced 3 times so far. Looking for indicators and a chart pattern, it signals that it is to go up. Target is higher than 1$ until middle of 2022. Good luck in trades, buddy.
🥵🥵🥵 NKN HOT🥵🥵🥵RSI divergence in 4H and downtrend line breakout, and on the daily chart it is forming even more divergence,
NKN LONGBecause WEB3 is needed by this ecosystem, it looks like it will grow well in the next few days
NKNUSDT - cheap right now, easy 70%++ from these levels NKNUSDT has hardly moved since recent correction. Very cheap at these levels. Can go to 1 USDT. A 70% upside from current levels.
NKNUSDT has entered Falcon Wave B
I have also added Ichimoku cloud, giving a favourable entry with Leading Span A above Leading Span B, Price going above Cloud.
🆓NKN (NKN) Dec-12 #NKN $NKN
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.35$ zone
🔴Buy : 0.38 - 0.35
🔴Sell : 0.5 - 0.6 - 0.75
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.35$ zone
🔵Sell : 0.35
🔵Buy : 0.28 - 0.24
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
nkn 12-7-21 update to previousmade this chart a few weeks ago but this is the path we will roughly see over the next few weeks.
i have been trading nkn for about a year now and i continue to because it has been just to easy to make money on. good luck!
NKN 12/3Accumulation zone in the past two weeks.
Strong daily support - red line.
Strong double bottom confirmed by RSI and MACD going from bottom up.
Move up from second bottom supported by high volume, (temporarily) pushed down during BTC fall.
Position size 1/3
Entry 0.5150 - room for further move down by BTC
SL 0.49825
TP at resistance 0.652
RR 2.8
NKNUSDTNKNUSDT OutLook BreakOut Retest
LONG Buy In Good Part
Leverage: Cross (20.0X)
Entry Orders:
1) 0.4975-0.5089
Take-Profit Orders:
1) 0.5215
2) 0.5298
3) 0.5418
4) 0.5607
5) 0.6016
Stop-loss Orders:
1) 0.4850
KEEP DESCLAIMER ON
