NKN / Bitcoin
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NKN/BTC TA Update (Bearish Pattern?)

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NKN/BTC

NKN keeps testing the support level between 276-260 sats many times and we know this is not good because the price keeps making a series of Lower Highs.
If NKN can't break above 320 sats in the coming days, I expect this bearish descending triangle is leading to play-out.
The immediate target to the downside is the 0.786 Fib support.

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