#NKN/USDT Ready to go up#NKN
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.0611
We have an uptrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.0852
First target 0.0974
Second target 0.1146
Third target 0.1400
Nknusd
NKNUSDT 1W LONG📈Hi all. NKNUSDT has been in accumulation for almost 2 years, with increased volumes. I am considering spot recruitment now, with possible additions, which I will inform you about additionally (if there are any). Everyone can see the accumulation, so there is a high probability of collecting liquidity and then going up. Also long during breakout/retest. Marked goals and levels.
NKN Can TRIPLENice 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 into the funnel of the inv. HVF
Confluence increases confidence :)
NKN ANALYSIS (1D)First of all, note that NKN's movements are full of shadows and move slowly.
We have 3 big ABC waves on the chart. Wave A and B are over and now we are in the big C wave.
Wave C looks like a diamond diametric, and now the price is completing the bullish wave F of this diametric.
By keeping the green box, it can move towards the red box
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#NKN/USDT#NKN
The price has been moving in a descending triangle since July 2022
It was based on a strong support area at 0.0860.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the triangle, and therefore we expect the price to rise to the specified areas.
The current price is 0.1015.
First goal 0.1869
Second goal 0.3019
This represents 300% of the current price.
Pay attention to correction areas.
NKNUSD 50 % pump in a short-term 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 should pump.
Latency for the NKN bullishness 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, chart is impulsive, as long as 0.618 is not broken ...
Tp can be 1.272 reverse extension for the conservative people, 1.618 fib extension for fantasy lovers and it might be true
DYOR lads
Why i saw a maddening red moon and btc was calm and quiet?!!! Anyone?