I honestly don't think you should wait long to find an entry to buy Naka.
Now is the time for Naka to break the bearish structure. I daily close above 0.42 and I see continuation and break of structure.
But I do think it is possible that Naka can wick down to 0.35 and even lower, although it is equally likely that Naka will suddenly run away.
Pay attention - Naka continues to develop at the speed of light.
Gaming narrative is ice cold right now (good for investors)...
today GameStop Announces Update to its Investment Policy to Add Bitcoin as a Treasury Reserve Asset, interesting. I think gaming narrative could kick off sooner than later...
and Naka could double in price in one day, with this low market cap. The risk reward now should be pretty good.
Now is the time for Naka to break the bearish structure. I daily close above 0.42 and I see continuation and break of structure.
But I do think it is possible that Naka can wick down to 0.35 and even lower, although it is equally likely that Naka will suddenly run away.
Pay attention - Naka continues to develop at the speed of light.
Gaming narrative is ice cold right now (good for investors)...
today GameStop Announces Update to its Investment Policy to Add Bitcoin as a Treasury Reserve Asset, interesting. I think gaming narrative could kick off sooner than later...
and Naka could double in price in one day, with this low market cap. The risk reward now should be pretty good.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.