fib levels from different highs and low show us that .236 is a major support to hold. since these levels match up when drawn from different supports and resistances, we can assume nkn will hold support here. Now if we break this support most investors will end up pulling their assets, this will be bad news for NKN. Especially if btc continues to breakdown (which i am optimistic about). if you wanted to enter a trade set up .28 to .33 is a great spot for a long term set up.
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if anyone would like a review of a different coin/trade setup leave a comment below!
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update so far, we have held our fib support levels, good luck traders!
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So far prediction on point!
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if our stock rsi on the daily makes a big pull back past current support nkn is fucked. BTC stoch rsi is also at the top on the daily lets see how much retracement we follow.