Neo / Bitcoin
Long
Updated

Republished NEOBTC long analysis

1 402
I made a chart of this exactly a month ago and I decided to update it a little, since it's still relevant. All info is in the chart itself, including targets and stoplosses. Happy trading folks!

If I made you some money, feel free to send me a beer:

LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
Note
Neo will test support at 0.004751.
Note
80k big resistance. If it closes above 0.82, then the trade will be active.
Trade active
Candle closed above entry point. Trade is now active, heading for target.
Note
NEO is now overbought. Expect a small pullback. Shouldn't break 0.078.
Trade active
FIRST TARGET REACHED! If candle closes above 0.012 it may go up to the next target.
Trade active
It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.
Note
SECOND TARGET REACHED. I'm expecting pullback. Overbought.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.