All the bullish signals are in place. A nice symmetrical triangle with a 2 year consolidation time built in. MFI and RSI indicators look healthy. This has a potential of getting to $7.00+ for those that can hold long term.
Nice Market structure for #NKN We have a nice, Resistance level flipped into a support zone A inverted #HVF at the top of the last cycle. Which targetted that old resistance level. We held .... We consolidated. And it appears on the verge of a breakout ... anytime soon. #BTC supporting the cause of course. What's interesting the target level runs right...
Strong horizontal movement on NKN gives me the impression that a big move is building up. This pump will be big, just as LTCUSD pump was big in roughly 2017 when it went to $300 Bars pattern is copied from the LTCUSD chart.
SL: 0.035 If you want to play this in the short term first exit @ TP1 : 0.49 Longer-term spot exit TP2 : 1.42
SL: 0.035 If you want to play this in the short term first exit @ TP1 : 0.49 Longer-term spot exit TP2 : 1.42
NKNUSD looks good. The key support has held and the price is moving gradually up. We see 2 possible scenarios. Either the price will retest the support again and we will see more consolidation before the pump or the price will pump without any pullback. Anyway, NKNUSD looks ready to give beautiful 55% gains. As long as BTC consolidates or is on the rise, NKN...
Dent nkn elon chz Dent and nkn are more reliable Elon is shit coin and i don't know why i don't like saying i wanna buy shit coin, simply i feel bad but i wanna buy it unfortunately Chz is... abnormal i say, take a look at btc pair ... It might already be bullish cause we are playing ⚽ but both charts has not the same timing for an impulse About the this chart,...
Here is the long term holding for this coin. You need to take care of the stop lose as a analysis failure and the coin will go down deep if it is touch the mentioned number. greeting.
thinking about levels here on the downside. if you bought this over $1 then its already a good time to dca, but down even lower will be even better. ggs
NKNUSD is still on the down side moving for the last wave C of the zig zag correction Purple box as a target for a wave 4 correction
flight path for nkn, if we see a bullish bounce from btc. if this bottom holds we may see a similar path as presented.
Like at the most coins, descending triangle. We could only short....but be careful.... Good luck!!! It is just my opinion, not financial advice.
Current trade set up for nkn. buy@ .1985, SL- .183, TP1- .2376, what do you guys think?
Chart is as follows. Good position to open a long trade or take profits as labaled on chart. Red- Target price 1, Yellow- Target price 2, Green- Target price 3,
$NKN looks to be in the process of bottoming at the bottom of the structure. I lean towards a retest of the top of this structure to retest resistance before another move down. Entry at $.1871 and looking to exit on a test of the $.57 level+. I've marked out key dates for changes in price action. Risk minimal, reward ~3x.
Seeing these type of patterns across the board that really do support a much larger reversal across the market, and give strength to the argument in a Bullish continuation of the Bitcoin wave structures i've been posting about. While things are rather uncertain right now, theres always a chance we never get the follow thru, but its hard to argue with these charts....
Nkn formed a bearish H&S pattern which is now completed, currently we are seeing nkn open up into a broadening wedge which correlates nicely with btc stoch rsi on the daily making a move up. btc must overcome the 42.5k level for it to be considered a continuation of a bullish trend, if rejected it will drop past previous low to around 27.5k level. As for nkn if we...