TradingOn

$NKN/USDT 12h (Binance Futures) Falling wedge break and retest

Long
TradingOn Updated   
BINANCE:NKNUSDT.P   NKN / TetherUS PERPETUAL CONTRACT
New Kind of Network successfully retested both 50MA & 200MA support and is looking good for bullish continuation!
More information about that IoT (Internet Of Things) blockchain on nkn.org

Current Price= 0.36868
Buy Entry = 0.35361 - 0.32951
Take Profit= 0.42385 | 0.51873 | 0.61993
Stop Loss= 0.28652

Risk/Reward= 1:1.5 | 1:3.22| 1:5.06
Expected Profit= +24.09% | +51.87% | +81.50%
Possible Loss= -16.11%

Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active:
First entry filled

NKN bouncing back as expected so far, let's keep it this way!

Trade closed: target reached:
TP3 reached with +81.50% (1x) and +5.06R

New Kind of Network made it way faster than expected, amazing accuracy here!
I hope you stuck to the plan and took profit on target, up to +110.65% to local top 📈


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