carloskoppen

NEOETH Descending Channel vs. Ascending Channel. FIGHT!

BITFINEX:NEOETH   NEO / Ethereum
Hey Y'all,
Long time browser first time poster...
NEO/ETH Seems to be bouncing around pretty tightly in this descending channel (Thick Sad Blue). Don't really care about the USD comparitives as I'm a Long Term Hodler on both, but for shits and giggles, I would like to make some short term gains in both or either. Thinking of a 50% buy @ 0.11(bottom of down channel-light blue) and other 50% buy @ 0.099 (bottom of a larger ascending channel-Thick Yellow=Sunny Days :) for an upside target of the top of the D-Channel for 50% and 0.15-0.16 for the rest.

Let me know what you think!

disclaimer: i'm noob. Trade at you own risk
Comment: Half-way to my first buy point :) Gotta admit it's a little weird rooting for another drop in BTC to catalyse this trade
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