So on nkn coin you have three dip scenarios with two targets one could give you around 65 percent gains 17 percent gains and 101 percent gains here
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by looking at the weekly chart right here and you can see it is making a lower lows and lower highs means the trend is down and we can also see this level of support right here at around 10 sense region you can see this was
resistance here resistance it broke out and now when the price comes down here it acted as a support and you can see the bullish price action right from the support level let's further analyze this on the daily chart and you can see
this was a bot mesh pattern right here and price broke out this resistance in fact it is below this resistance right now and it is wicking out so the daily kindle closing will be the important thing to watch on this coin
i can also see this level has a resistance at around 16 cents and you can see price is spiking down from this level as well you can see this was support here support here support here support here broke down and when the
price comes up here it acted as a resistance and it exactly did that right here so right now the the price action is stuck between this support and resistance area uh
so we'll have to be very very careful right here because the overall trend is still down and the momentum is also down uh let's further analyze this on the 4r chart and for those of you who
want to buy this coin so that's obviously not a right place to buy this coin uh you'll need to wait for the tip here and in my opinion the tip entry will come at around time sense region you can see support here support here
support support support and when the price comes down here we might see a bounce from this level here so if you take a long somewhere here your take profit should be at the next highs and
that will be again of about 65 percent gains here or you can target the next support area right here you can see the next support area is around 8 cents you can see nice support support support
and support here lots of support at this 8 cents region so you can long care a lot of financial advice and take profit should be at the next resistance area and that will be again of about 17
gains here or you can take the profits to the next highest resistance area and that will gain you around 101 percent gains here so on nk and coin you have three dip scenarios with two targets one could give you around 65 percent gains 17 games and 101 games here.