NKN/USDT Long-Term Trend: Bullish
Key Resistance Levels: 0.3183, 0.3651, 0.4533
Key Support Levels: 0.2500, 0.1952, 0.1900
The price on the higher time frame succeeded to break the parallel channel to the upside where it is posting higher highs and lows showing that the market is in a clear uptrend and this most probably will continue in the coming hours.
NKN/USDT Medium-Term Trend: Bullish
On the lower time frame, the price is traded inside a bullish channel formation where it managed to break the previous swing high around the 0.2792 USDT mark and retrace to it. This could lead to a further move upward toward the mentioned target profit.
Buy Limit Order @ 0.27609
TP 1 @ 0.31696
TP 2 @ 0.31830
Stop Loss @ 0.26251
Trade Safely 🙂