All of the ALTS are getting ready to take off! dont miss your buy in opportunities. Use buy limits, Sell limits, and Stop losses! SL= .325 (TP's are as followed)
fib 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...
nkn long term prediction breakout based on previous ema crossings.
BTC possible bounce from resistance trend, white line weekly resistance to overcome.
So btc TI are making bullish moves where we see our indicators making higher lows, yet our price movement sediment was going down. specifically, our macd, tsi, obv, rsi, this means we are likely going to make a bullish break out from our current wedge position, yet our obv is showing we are much lower vol wise than where we were back a few months ago meaning less...
people may not like wave impulses because they are hard to predict and even less accurate without understanding when btc is halving, yet i feel btc is clearly following wave impulses followed by correction impulses.
According to our 2nd to 3rd wave increase, assuming we see the same increase roughly which is 50.50 bars at 74%. That will put us right at 85k being our new ath. Assuming we maintain key support levels! I still consider that trend line accurate considering we have not had a candle close below it, so still valid as of now, which is good!
made 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!
if you understand indicators you can see our previous drop was coming from a massive price increase which flooded the market. the rsi was way oversold this drop we are in the normal meaning this is just investors taking profits the price will hold that 38k support. tsi looks good and stoch rsi is coming down closing to a bottom! just another bounce. we will most...
nkn full analysis, we have seen price movement within our channel over the past months, where we have seen a bounce from our channel support. Now this is not certain with how btc is at a crossroad. if btc holds support and breaks 60k again we are in good shape, if btc breaks support and falls nkn will have a tough time holding support zone, if this happens holding...
red path rejection and loss of channel support, green path channel support holds and we see a bounce back up. BTC holding its support and making a move toward its 60k zone will be a healthy indicator for nkn. BTC is rejected by resistance and we see a drop, bad news for nkn.
looks like btc is forming a bearish megaphone pattern. what are your thoughts?
breaking previous wedge, nkn has traded in a cannel pattern which has multiple touches where after we have seen an increase in vol and price action. on balance volume has also showed increase equal to our previous high which means there is a large amount of investors hodling. if channel supports hold this could be a big move up. Btc is in a good position on its...
this is an update from a chart i made before the drop, according to previous chart i expected a larger drop. but i think btc is holding steady since these winter months are known for bullish moves in the past. if btc continually holds support we will see a move up on our 4hr from our bullish divergence. still have a bearish divergence on our daily but this can be...
still fixing our divergence on our daily time frame.......
red, yellow, green. yellow green most likely, candles closing gradually along our ma ribbon will give us a better idea if we keep cannel support.
NKN impulse wave into our correction phase. we know this will happen due to btc losing buying volume, which is ok, we need this correction to show strong support in the next wave. check out previous predictions, for likely probability of being correct.