CollegeofPips

NKN/USDT Is About To Get Smashed by Bears 🐻 🐻 🐻

Short
BINANCE:NKNUSDT.P   NKN / TetherUS PERPETUAL CONTRACT
📉 NKN/USDT | Potential Downward Movement


💡 Sell Limit Order @ 0.21767

🎯 Target Profit 0.20613

🛑 Stop Loss 0.22348

❌ Do not risk more than 1% of your account on each trade


Description:
The coin succeeded to break the triangle to the downside by posting a double top near the strong resistance. A higher correction is expected to the neckline and then a sell off all the way down to the target profit.

-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ -------------------------------------------------------------------------------------
🙂 Good Luck!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.