Today I want to analyze the First Neiro ( 
NEIROUSDT ) has recently gained significant attention in the cryptocurrency market, with a remarkable +87% increase in price over the past week.
The First Neiro(NEIRO) is Memcoin and operates on the Ethereum Blockchain.
The First Neiro(NEIROCTOUSDT ) has reacted well to Andrews' Pitchfork lines, so we use these lines as Support and Resistance lines.
The First Neiro(NEIRO) attacked the Potential Reversal Zone(PRZ) three times(In each attack, the volume is reduced), but failed to break this area.
According to the theory of Elliott waves, it seems that NEIRO has succeeded in completing 5 impulsive waves and we should wait for a correction.
I expect First Neiro(NEIRO) to drop at least -15%, and if the Support zone($0.00156-$0.00148) breaks, we should expect a further drop (-20%).
First Neiro Analyze (NEIROUSDT), 4-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NEIROUSDT ) has recently gained significant attention in the cryptocurrency market, with a remarkable +87% increase in price over the past week.The First Neiro(NEIRO) is Memcoin and operates on the Ethereum Blockchain.
The First Neiro(
NEIROCTOUSDT ) has reacted well to Andrews' Pitchfork lines, so we use these lines as Support and Resistance lines.The First Neiro(NEIRO) attacked the Potential Reversal Zone(PRZ) three times(In each attack, the volume is reduced), but failed to break this area.
According to the theory of Elliott waves, it seems that NEIRO has succeeded in completing 5 impulsive waves and we should wait for a correction.
I expect First Neiro(NEIRO) to drop at least -15%, and if the Support zone($0.00156-$0.00148) breaks, we should expect a further drop (-20%).
First Neiro Analyze (NEIROUSDT), 4-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activatedNote
NEIRO is moving in the Potential Reversal Zone(PRZ) and near the midline of the Pitchfork and is also seen RD-.
According to NEIRO, it can be corrected by at least -20%.
NEIRO can be re-pumped if the middle line of the Pitchfork is broken.
Trade closed: target reached
Target Done(Finally)
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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.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.