NKN closed above EMA 21,50,100 and 200 periods strong bullish trend. Potential FOMO because new binance listing token. Price action pullback to 269 to 0.5 fibs retrace. Huge volume spike and price to 388 at Binance listing. Psychology resistance 500 sats.
Price action (PA) of NKN hold above green support trend line.
Bullish Volume increase confirm bullish price action.
Pattern: Breakout of Ascending triangle upper. SL hunt to 0.5 fibs level (pullback).
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
S/R: Support at 268, Resistance 500 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Price action (PA) of NKN hold above green support trend line.
Bullish Volume increase confirm bullish price action.
Pattern: Breakout of Ascending triangle upper. SL hunt to 0.5 fibs level (pullback).
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
S/R: Support at 268, Resistance 500 sats.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Trade closed: target reached:
NKN achieved 3.618 fibs level !
