NEOBTC 2h long

Neo / BitcoinBittrex

Description

⋅ Oct 19, 2017 9:22 PM

Looks like NEOBTC is about to bounce off the (blue) trendline.
Price might rise at least to the resistance at 0.005187
There is a bullish divergence of Price vs Momentum - this might also indicate a soon-to-happen trend reversal to the upside.
My indicator "Jeddingen Divergence v4" shows the bullish or bearish divergence on the chart.

Trade closed: target reached

⋅ Oct 20, 2017 7:09 AM

profit-target was hit as predicted

Trend Analysis Divergence

Comments

Songkane

⋅ Oct 20, 2017 2:33 AM

I also would like to know, I had my alarm set at 518 and it never crossed after a spike.

TradingClue

⋅ Oct 20, 2017 7:08 AM

@Songkane, did you mean, your alarm was not triggert although price reached the level you configured for it?

IlyaElbert

⋅ Oct 20, 2017 1:50 AM

can you explain how you came up with the resistance level?

TradingClue

⋅ Oct 20, 2017 7:07 AM

@IlyaElbert, I just looked for the latest high of the past few candles

Zhivago

⋅ Oct 20, 2017 10:34 AM

@stefcom, Expert analysis.