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SuhaibM
Aug 25, 2020 10:21 AM

NKNUSDT analysis Long

NKN / TetherUSBinance

Description

Buy 2, moon and green robo signal say we can buy. Here is my analysis:

1. We can buy when risk/reward ratio is less than 2, we should not buy
2. We can buy at support = 0.028usdt or at the uptrend line
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.036usdt

We can use sell 2, hell or red robo signal for sell decision. We must also sell if the chart goes 1D open & close below the uptrend line or the support line.
Comments
CryptoEngineering
Good analysis!
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