NKN BTC Short Term Graphic FieldGraphic Field showing potential growth curve analysis of the data. Given with approximate curves to the binance post-listing data.
NKNBTC trade ideas
$NKNNKN is forming inverse head and shoulders pattern. On 1D timeframe, we also have a double bottom. MACD turning bullish. RSI approaching 50.
NKN going up SEE fibtrend line for possible extentions. This coin have a lot of moment when it starts moving. Remember stopslosses
NKNBTC decision moment came NKNBTC is almost at the end of decending triangle. Mostly it will bring drop after this pattern but volume is so low and it gives opportunity to open long position till previous decending triangle drop starting point. So take profit at 400 sat and to SL around 25x sat will be safe trade for NKN. Good luck.
#NKNBTC (Mid Term) Risky #NKNBTC (Mid Term)
Buy : 0.00000401 - 0.00000386 - 0.00000371
Target 1: 0.00000415
Target 2: 0.00000461
Target 3: 0.00000581
Target 4: 0.00000702
Stoploss: 0.00000359
Invest: 3%
Risk/Reward: 7% / 75%
we ask Allah reconcile and repay
BreakoutThis is just an idea from a dude on the internet;
NKNBTC looks good. Previous support held and we are having a nice bounce to test the upper resistance levels like 450, 480 SATs, etc. I've taken a long position. Dont forget to set a SL when u trade!
NKNBTC formed bullish BAT | Upto 12% trading ideaPriceline of NKN/ Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000410 to 0.00000402
Sell between: 0.00000427 to 0.00000454
Regards
Atif Akbar (moon333)