I made a chart of this exactly a month ago and I decided to update it a little, since it's still relevant. All info is in the chart itself, including targets and stoplosses. Happy trading folks!
If I made you some money, feel free to send me a beer:
LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
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Neo will test support at 0.004751.
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80k big resistance. If it closes above 0.82, then the trade will be active.
Trade active
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Candle closed above entry point. Trade is now active, heading for target.
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NEO is now overbought. Expect a small pullback. Shouldn't break 0.078.
Trade active
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FIRST TARGET REACHED! If candle closes above 0.012 it may go up to the next target.
Trade active
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It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.
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SECOND TARGET REACHED. I'm expecting pullback. Overbought.
@Pippylongstockings, agreed. We see moon here moon there moon everywhere, almost every TA chart is like that. I like to see it test support again at .0047
daedube
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Do oyu think neo will have more targets? I can see it reached ATH from August and most coins die after reaching similar ceiling than they have done before... what are your visions for this one?