TradingView
cryptodonovan
Apr 10, 2021 5:46 PM

BTC/NEO SETUP" Break above 200MA = Early signal! Long

NEO / BitcoinKuCoin

Description

Chart is pretty self explanatory. Breaks above 200MA often precede pumps, as do Golden crosses (when the 100MA crosses above the 200MA)

Right now BTC is pumping, which is either another head fake to distract from altcoin setups, or, if BTC.D pulls a reversal, then ultimate alt season really will be postponed.

I'm bullish on NEO either way (see previous charts below), and right now it's respecting this ascending channel.
Hopefully this is the start of a macro reversal and not a macro bear flag; only time will tell, but I'm bullish.

happy trades,
CD
Comments
ronlagdan001
whats the safe position on this sir?
cryptodonovan
@ronlagdan001, sorry, what? haha
cryptodonovan
@cryptodonovan, Entry points are clearly marked by the green dashed lines - what exactly are you asking?
More