We see a lot of Alts took off except some, including $NEO...
Bullish Points:
1. Kijun Kiss (let's wait for a crossover).
2. Senkou A is pointing upwards while Senkou B is Flat, indicating a possible future kumo twist.
3. Slightly Thick and flat Kumo cloud above price indicating a possible trend reversal.
Neutral Points:
1. Chikou Span is in the price range, but when we get a cross over it will go above price which is bullish.
Bearish Points:
1. %R is pointing downward but it is >50 so it is still bullish. however, we have not yet seen it turning direction which I assume that we may have a retest of Kijun-Sen or Tenkan-Sen.
We are going to take a long once price is inside the cloud and a cross over happened, or let's wait for the price to completely get off above cloud. Your choice, but personally, I would enter once a cross over happens and price is inside the cloud.
Bullish Points:
1. Kijun Kiss (let's wait for a crossover).
2. Senkou A is pointing upwards while Senkou B is Flat, indicating a possible future kumo twist.
3. Slightly Thick and flat Kumo cloud above price indicating a possible trend reversal.
Neutral Points:
1. Chikou Span is in the price range, but when we get a cross over it will go above price which is bullish.
Bearish Points:
1. %R is pointing downward but it is >50 so it is still bullish. however, we have not yet seen it turning direction which I assume that we may have a retest of Kijun-Sen or Tenkan-Sen.
We are going to take a long once price is inside the cloud and a cross over happened, or let's wait for the price to completely get off above cloud. Your choice, but personally, I would enter once a cross over happens and price is inside the cloud.