$NKN long to retest $.57-$.62 resistance

22 Şub 2022

NKN looks to be in the process of bottoming at the bottom of the structure. I lean towards a retest of the top of this structure to retest resistance before another move down.

Entry at $.1871 and looking to exit on a test of the $.57 level+. I've marked out key dates for changes in price action.

Risk minimal, reward ~3x.

11 Mar 2022

Not

Just to be fully transparent, I exited all of my crypto positions after BTC just broke that low right now. I think there's too much risk that we fall further from here. I'll reassess the charts in May as I think that's when we'll see things shape up. Until then, good luck.

11 Mar 2022

Not

Here's my reasoning for exiting. We'll need to see if this plays out from here: