💎Technical Analysis Summary💎 BINANCE: NKNBTC -NKN broke its key level for support after trading above 150s sat -The price tried to reclaim the previous region but failed -It painted a Bearish retest and if the Bulls can't show up a fight -Potential downtrend structure is likely to happen this week -Please don't try to catch a falling knife without a trading...
BINANCE: NKNBTC -NKN is back at previous key support area where tested multiple times -We saw a good bounce but the trendline resistance pushes the price down -NKN must hold the recent low at 187-170 sat range in the coming days -To protect the price against the Bears in the short term -Also, we need to see a breakout of the trendline resistance -That will give...
NKN/BTC -Price action is trading inside a downward channel -NKN is back at previous Key support area -If we can see a break above the trendline resistance -That is a good Buy signal in the midterm -I recommend entering a position on breakout or retest confirmation -This will lead give a strong bias of market direction is going up
BINANCE:NKNUSDT All stuff on chart. Stoploss below EMA200 (Red Line on the chart) Wait for Current Daily candle to close above the red dotted line. next leg up can push it up.
NKN/BTC is in a BULLISH double bottom and falling wedge! Very bullish set up - already broke out and finding support at first target. Trade safe my friends... BINANCE:NKNBTC
#NKN (BINANCE) Buy : 290-300 Sell : 320 , 340 , 360 , 380 , 450 Buy it... Another Waves Coming Soon...🚀🚀🚀
#NKNBTC BINANCE:NKNBTC TA Update:- NKNBTC broke our the resistance level. And now trading above Retest or support level. So this is good time to fresh setup. Setup:- 230-250 Satoshi Targets:- 309/362/580 Satoshi Stop Loss:- 210 Satoshi Guys Please Click LIKE button and Appreciate me. Must follow me for latest crypto updates. Thanks for your support.
The wedge is very promising especially with these volume candles. Good place to enter a position for long. Risk is not much
NKN/BTC -Holding 50MA & 20MA -Series of Higher Lows -Key support 194 sats -If NKN can hold support and break trendline resistance -Our upside target is up to 300 sats -Stoploss below 190 sats
NKN/BTC NKN has broken the 1st resistance line at 207 sats and if this current level will hold, NKT may see another growth up to 251 sats area. A pullback to previous resistance to confirm new support at 207 sats area would be a good buying opportunity to enter a Long position. Our stop-loss would be below the previous higher low at 177 sats.
NKN/BTC NKN broke bearish with this descending triangle pattern after the price closes below 264 sats area. NKN tried to get back above the support area but the Daily EMAs acted as dynamic resistance and the price fell further. This bearish pattern target to the downside is between 170 - 160 sats area. It is not wise to trade Long positions as the downtrend is...
NKN/BTC NKN keeps testing the support level between 276-260 sats many times and we know this is not good because the price keeps making a series of Lower Highs. If NKN can't break above 320 sats in the coming days, I expect this bearish descending triangle is leading to play-out. The immediate target to the downside is the 0.786 Fib support.
The price action of NKN / US Dollar is forming bullish Gartley pattern and soon it will be entered in potential reversal zone. This PRZ area can be used as stop loss point in case the complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.02785 to 0.02758 Sell between: 0.02808 to 0.02860 Enjoy your...
NKN looks to be inside a long term sustained downtrend but has bottomed out potentially. I'd be watching for a break of this structure either way. My opinion is a bullish break is more probable. We see an up trend starting but it's a matter of if the bulls can keep it up.