NEOUSD Bullish Ascending Triangle / Bearish Flag Pattern Long

NEO / DollarBitfinex

Description

⋅ Oct 11, 2017 5:36 PM

MACD Confirms price reversal. One of the patterns are going to be fulfilled.
For educational purposes I added patterns to the chart.

Entry level should be around 32 level.
Profit level: Close to 37.

It's great long term trade.

Constructive criticism and comments are warmly welcome.

Trade active

⋅ Oct 12, 2017 9:48 AM

Comments

unitednoobies

⋅ Oct 13, 2017 2:40 AM

You are buying?

VanBenno

⋅ Oct 12, 2017 9:47 PM

So, it ended up being a "bearish" flag, right?

Also, why did you place your "entry" price above the price shown the day your charts were written? If the price went up to 32 it would have confirmed a bullish reversal?

ElDonJ0hn

⋅ Oct 12, 2017 6:18 AM

Bro great analysis! Took off right at $28.60 good shit lol

kimmarkets

⋅ Oct 11, 2017 5:39 PM

Do you have the target day to hit 37? I bought neo yesterday for 30.20 and was thinking of selling them today for breakeven

yarr

⋅ Oct 11, 2017 5:42 PM

@filiwnydd, It's long term trade. This is just to give you idea. :]