NKN/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 0.39097, 0.40864, 0.42674.
Key Support Levels: 0.36056, 0.33479, 0.32465.
1-Hr Time Frame:
The price on the higher time frame was in a clear uptrend where a series higher highs and lows has been posted. The market succeeded to break a strong resistance at 0.36000 USDT mark where a correction has been posted. We expect now a further movement to the upside in the coming hours.
NKN/USDT (Futures) Medium-Term Trend: Bullish
15-Mins Time Frame:
On the lower time frame, the price is traded inside a bullish flag formation which has a bias to be break it to the upside. A lower correction could be seen to the highlighted zone before a new bullish impulsive wave toward the target profits.
Buy Limit Order @ 0.36374
TP 1 @ 0.38991
TP 2 @ 0.40864
Stop Loss @ 0.35072
Trade Safely 🙂