BITFINEX:NEOBTC   NEO / Bitcoin
Try to catch this wonderful kite flying away!
Sorry, maybe I don't understood... Why "SHORT"? I would open a long position (for instance looking at bearish divergence shown by the two minimum peaks of the RSI on the oversold area and the candles: i.e. March-16 and March-27)
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jumberjack cryptokiwi
@cryptokiwi, if you entered at 0.0070 , your main target is 85 with a ~30% sell at 80-81 or 64-65 if it goes down , and a stop loss at 61. I consider this position as a short one)
If you did not enter, i would rather recommend to wait. It might still reach 55 and bounce from there .
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Helpmesirz jumberjack
@jumberjack, a short means you expect it to go lower, a long is the opposite.
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