I was subsequently short NEOBTC , closing at 7300.
Opened and closed profitable long positions in NEO yesterday and played the run up to resistance at 50% Fibonacci level.
As indicated in the previous post, if we see a close in the cloud on the 1-day, i will play the edge-to-edge. Well, we closed in cloud and I'm long to the top (~0.01).
Very close eye on it. Might be some turbulence. Prepared to close if anything has this trade going sideways.
Good luck all.
Cutting after support broke Short Long on the way back up
I will pull the plug on these trades quick.
ETHBTC - Breaks 0600. I'm looking to pull. Pulling at 0610 if momentum turns down fast.
NEOBTC Breaks 0080. I'm looking to pull. Pulling at 0081 if momentum turns down fast.
I'm looking to exit my long in ETHBTC, as I feel it's likely to go lower. Support and bullish momentum get drained with each BTC dip.
Fib support on NEOBTC is at 6800, but if we go below 7300, long position will be opened.