aozan88

NEO Trend Analysis

Long
aozan88 Updated   
BINANCE:NEOBTC   NEO / Bitcoin

Hi folks. We know nowadays crypto-market is depressive and very motionless. But accumulating brings out sharp movements. Let's see what may NEO do when the market gets alive.

NEO already has a slow bullish trend at all.
Currently 11th on the total market cap. Fundamentally has potential to force top 5.
It can repeat its old movement which is the last bounce part of W pattern and also a double-dip.
You can see the general trend-fib-levels on the chart. So this gives us a clue of longterm possibilities.

My targets for SHORT TERM :
- 0.00865 btc ~ 20%
- 0.00930 btc ~ 35%
- 0.00105 btc ~ 45%
Stop : 0.0060 btc (Buying more will be my choice for longterm when it hits stop ).
Time : 2-6 weeks


You can also arrange your buy and sell levels for long term.

My trade levels for LONG TERM :
- Buy around -> 0.0065 btc
- Sell around -> 0.0185 btc ~%300
Time : 6-8 months

This is not an advice. Please do your own research.
Good luck.
Comment:
Here my NEO-USD chart for you :

pbs.twimg.com/media/Dd3U_0_VQAAkjmG.jpg
Trade active:
It's in buy-zone for long term on both NEO-BTC market and NEO-USD market

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