Matyas44

NEO possible scenario

Short
Matyas44 Updated   
BINANCE:NEOBTC   NEO / Bitcoin
Iam total beginer... dont follow me... this is only for my personal purpose

MACD and volume shows - LONG
Whole market is in bear cycle and i see opportunity. Think we need to test a bottom one more time...
Comment:
Update 13.January 6pm

TF 4 hours - Ichimoku cloud is green top line works as support. Price closed inside the cloud so there is the chance price will settle on the opposite side of the cloud 0,002058
RSI TF 1 day - getting close to 50 Line
MACD TF4hours went under the 0 line... another factor for bearish move.
MACD TF 1 Day almost cross over - Bear
Volume is getting smaller
Comment:
Moving Stop loss (Buy order) South. Following the price.
Find out triangle. Who knows how its gonna plays out.

TF 1 H
MACD still under the 0 line. Bearish sign
RSI still under 50

Whole market has bearish sentiment.
BTC might need to find or retest bottom.

Bakkt is coming in two weeks. Rumours are telling it will cause price drop

Comment:
Watching TF 1 Minute chart and following with stop loss.

There is clearly channel. Will be probably discrupted when meets support on 0,002030

But after that will still go down, only in different chanell

Comment:
Exiting trade.

Final stop saved me.
Buy order 0,002055 filled


It was fun
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.