CRYPTO of the week NEOUSD or shall we go to the movies?
NEOUSD 1H ASIA UPDATE - 09/06/2018
FLAT from 02/06/2018 high ended at 51.66 and bounce reached 54.96 before turning down in what appears to be a FLAT with sequence from 07/06/2018 high as a 5 waves down to 51.81 within equal leg area as proposed few sessions back.
So, as long as above 51.66, we should see higher toward 55.10-55.88, possibly 57.14 to either further challenge 58.31 or the low at 47.45 if 51.66 were to fail holding from current level or when cycle from 51.66 is completed.
I don't like to buy or sell at current stage and prefer to stay sidelined.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 04/06/2018-10/06/2018, I propose NEOUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
FLAT from 02/06/2018 high ended at 51.66 and bounce reached 54.96 before turning down in what appears to be a FLAT with sequence from 07/06/2018 high as a 5 waves down to 51.81 within equal leg area as proposed few sessions back.
So, as long as above 51.66, we should see higher toward 55.10-55.88, possibly 57.14 to either further challenge 58.31 or the low at 47.45 if 51.66 were to fail holding from current level or when cycle from 51.66 is completed.
I don't like to buy or sell at current stage and prefer to stay sidelined.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 04/06/2018-10/06/2018, I propose NEOUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
