NKN롱
$NKN Ascending triangle continuation
This is momentum trade on NKN, as we already have a trade setup on the daily.
In this trade you would be playing the backtest of the inflection zone, and the stop can be adjusted to taste, however the idea is to take a 3:1 trade, while stoping out under the inflection point and the last swing low.
The hidden bullish divergence on the MACD AND RSI implies a continuation and we should not be revisiting that swing low without invalidating the divergence.
Not a value here, a momentum trade, and will likely be contingent on bitcoins continuation upward.
In this trade you would be playing the backtest of the inflection zone, and the stop can be adjusted to taste, however the idea is to take a 3:1 trade, while stoping out under the inflection point and the last swing low.
The hidden bullish divergence on the MACD AND RSI implies a continuation and we should not be revisiting that swing low without invalidating the divergence.
Not a value here, a momentum trade, and will likely be contingent on bitcoins continuation upward.
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