europoor

NEOBTC - Can we 9x from here? Long term HODL

Long
BINANCE:NEOBTC   NEO / Bitcoin
Okay, my old friend NEO. Have a certain relationship with this one. My lack of patience caused pain in my nutsack. BUT, for a long term HODL strategy, if you can call it like that, NEO one is interesting.

- there was a nice spike in volume
- on the weekly I am waiting for the 21MA and 55MA to cross. Safest option is to buy when price is above 55MA and ride it (red line)
- good entry around the last support 0.000400 - 0.000680
- watch for the MACD to turn green and for the RSI to trend higher
- take the fib levels as targets. The targets in the charts are calculated from the current price.

Not a financial advice, just an idea.

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