Hey everyone
The D3ADLYTuna is here to poison your minds, so let's look at NEO.
Targets zones are indicated on the charts, together with some movement datetimes and %s. Make no mistake, this is a swing trade in a down trend for now.
USE A STOP LOSS, I have mapped a 5% but this is all up to you.
I would probably look for a safe sell zone in yellow as this is just shy of the 38% fib retrace upwards.
Good luck.
Technicals:
Volume Decent volume over the last few periods and showing buyers are out there
MACD Starting to turn on the daily, 12h moving upwards and smaller timeframes looking decent too
RSI Sitting around 28 points and moving upwards across the 12h and daily timeframes showing some strength
Trend This is technically heading down in a nice looking range bound pitchfork, rallies have been off the 62% std dev fib in the channel and the 1 std dev line which is what we have just bounced off
Don't Forget:
-Always use a stop loss.
-Utilise alerts to notify you when you are reaching your target.
-It is common to use no more than 10-20% of capital in any one trade.
-Layer your buys to average your entry cost.
-Always watch BTC as well as your active trades, if BTC breaks down or pumps hard the market will chase it to the detriment of solid trades. FOMO is real.
If you have had success with a trade signal and would like to tip or donate:
ETH 0xA931D6F82e37dC459096D68cD6d8414f79840753
If you are not already signed up on the below exchanges you are welcome to join using the below links:
Disclaimer:
The information published is not intended to, nor should it be, construed as financial advice. The sole purpose of publication is for personal tracking purposes and feedback. Any investment decisions, gains or losses, are your own and I hold no liability. Invest only what you are prepared to lose.
The D3ADLYTuna is here to poison your minds, so let's look at NEO.
Targets zones are indicated on the charts, together with some movement datetimes and %s. Make no mistake, this is a swing trade in a down trend for now.
USE A STOP LOSS, I have mapped a 5% but this is all up to you.
I would probably look for a safe sell zone in yellow as this is just shy of the 38% fib retrace upwards.
Good luck.
Technicals:
Volume Decent volume over the last few periods and showing buyers are out there
MACD Starting to turn on the daily, 12h moving upwards and smaller timeframes looking decent too
RSI Sitting around 28 points and moving upwards across the 12h and daily timeframes showing some strength
Trend This is technically heading down in a nice looking range bound pitchfork, rallies have been off the 62% std dev fib in the channel and the 1 std dev line which is what we have just bounced off
Don't Forget:
-Always use a stop loss.
-Utilise alerts to notify you when you are reaching your target.
-It is common to use no more than 10-20% of capital in any one trade.
-Layer your buys to average your entry cost.
-Always watch BTC as well as your active trades, if BTC breaks down or pumps hard the market will chase it to the detriment of solid trades. FOMO is real.
If you have had success with a trade signal and would like to tip or donate:
ETH 0xA931D6F82e37dC459096D68cD6d8414f79840753
If you are not already signed up on the below exchanges you are welcome to join using the below links:
- Binance bit.ly/2DRH96k
Cryptopia bit.ly/2DGt24v
KuCoin bit.ly/2BvTIyI
Disclaimer:
The information published is not intended to, nor should it be, construed as financial advice. The sole purpose of publication is for personal tracking purposes and feedback. Any investment decisions, gains or losses, are your own and I hold no liability. Invest only what you are prepared to lose.
Targets still active and as you can see we have not even touched the stop loss area either.