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AzrulAzir
Nov 18, 2017 2:28 PM

NEOUSD Long

Description

we reach 61% profit at previous analysis in 11 days, congrats.
to follow bullish movement, we have support at 34.13, if price pullback and touch that level, we can set new buy order and aim for 51.4 for target with 50% profit projection.
stoploss if red diagonal trendline break down.

Estimated duration : 2 week maximum

Good luck

Comment

previous analysis :
Comments
czonczuch
Correct me if I'm wrong - still learning.

So it means that we should buy neo when it drops around new support which is 34?
And then it will most likely rise and go towards target?

tcoolhon98
@czonczuch, good luck to find $34 again
leondb
@czonczuch, also new, I think that is the safe entry suggestion.
nitinkumar00
@czonczuch, That was actually yesterday. So it may not come down to 34 for a while unless there is a massive massive dump. If the news on monday is actually good as the rumors suggest I think instead of dump it may actually rally even further.
surfz
Not selling... this one has been undervalued too long. Better miss 1 little profit than miss this super-train ;-) Good luck everybody.
Sofsayen
34 entry now !
Bimbo_Chart
@DianKemala still 50usd doable? Thanks for your suggestions.
dubowski
Is this trade still active now that support has been touched?
Mikelikescrypto
@dubowski, yes, trade should have a stop loss under the support/ at a bearish confirmation breaking lowest point is best.
Mikelikescrypto
@Mikelikescrypto, somewhere between 18-23, but chances are it wont drop that much.
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