alanmasters

NEO Ascending Channel With 111.1% Potential Profits

BINANCE:NEOBTC   NEO / Bitcoin
We are looking at NEOBTC on the daily (D) timeframe.

  • Prices started to grow in late October 2019 for NEOBTC .
  • A peak was hit in February 2020.
  • After the peak, a strong correction took place.
  • Prices stopped correcting when they hit support (the 0.786 Fib. retracement support relative to the last bullish wave).
  • Bullish divergence can be spotted with the MACD and RSI .

If prices for NEOBTC can stay above 0.001000, the first green arrow can easily be followed (strong growth).
Breaking below this same level,0.001000, can send prices lower.
In the case the latter scenario comes true, we remain bullish after the drop (2nd green arrow).

Thanks a lot for reading.

Namaste.
🌐 ALAN MASTERS TRADES PREMIUM
The Best Altcoins Trades, Supports & Strategies
https://alanmasterstrades.com

➡️ Alts, Btc, FREE trades & More
https://t.me/AMTrades

🥇 Results
https://alanmasterstrades.com/results/

💬 CHAT http://alanmasters.chat

Comments

With Neo 3.0 launching on 30th June, this will fly really high in next 3-4 weeks. I'm expecting atleast 80% growth from here.
Reply
traders by making it to the news that btc breached 10K, I will long after it retraces, after 10.5 breaks and it touches 11.8K retracement then long.
Or I will long if this dumps to 9.6 and holds, or dumps to 7K and bounces
Reply
GhostCrypto CreativeTrader
@CreativeTrader, That's a good plan to have.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out