NKN (NKNBTC) has been added for trading on Binance and a huge increase in trading volume immediately happened.
Money is now freely flowing into this altcoin.
NKN Chart Analysis
A pair usually traded at low volume, now with a bullish chart being added to an exchange like Binance is a bullish signal on its own... The Binance add alone can produce massive growth.
But here we see that NKNBTC is already above EMA10 and EMA50, and challenging EMA100 (0.00000362).
Big volume and a very strong RSI.
Looks like NKN can easily continue growing.
Note: If NKNBTC moves below 0.00000305 (EMA10), its potential switches from bullish to bearish and you should prepare to see more drop. While it remains above this level, we should see its price going higher.