Khobi7
Short

NEOBTC Bearish momentum's view

BITTREX:NEOBTC   Neo / Bitcoin
Here, im gonna list few places that we could take into a consideration.
Both indicators appear an over-bought ( so fed up, based on 4h )

Enter(1): 0.01003189 - 0.01021294 ( If it broke, then it could lead to more than 35% due to its drop from the past )
Enter(2): 0.00748618 - 0.00802538 ( Here is my second place to re-enter )

Any comments and thoughts ? kindly drop below, i would love to hear from u guys ^^!
Order cancelled: Cancelling the downtrend, lets glance at the top channel, which is around the 1.618% of Fib-Extentsion.
Trade closed manually: so it did bounce around my target ^^!
Enter(1): 0.01003189 - 0.01021294
I see 0.786 fib pull back as most likely.
+1 Reply
Khobi7 Altinvesting
@Altinvesting, ty for sharing ur thought. lets wait and see if it could surpass 0.01247220, then an uptrend would confirm, but if it appears a double top, then it might appear a significant drop.
Reply
@Khobi7, whats your thoughts now, uptrend confirm?
+1 Reply
Khobi7 Amjad198seven
@Amjad198seven, hahas, totally.
Reply
@Khobi7, we'll see. I've traded NEO/GAS since July once these get moving its hard to get a good entry position. They won't stop moving until a blow off top of some sort.
+1 Reply
Khobi7 Altinvesting
@Altinvesting, u're right ^^!
+1 Reply
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