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I decide to buy NEO contract; why?

Long
Looking the Daily chart, NEO it's in the accumulation zone that you can to buy this cryptocurrency to hold or buy in contract to leverage with NEO/USD. This cryptocurrency it's show us a good trade to keep to medium term. That mean that in medium term, you can to earn a lot money if you keep this position to $130 USD. But using my broker Simple FX to accumulating more Cardano coins. Also, I want to show you my own strategy if you want to accumulate Cardano in Simple FX in my others post. Remember, my goal it's to reach my 20,000 ADA coins.

Now, looking in the Daily timeframe, NEO form a simetri trianlge in the key spport line, this line it's a good point that you can to invest in NEO or buy contract leverage in your trading, and alos that NEO make support in the $47 USD and $55 USD. That it's a key zone that you can to buy NEO contract or investment. But that it's my prediction how I see NEO in medium term to go back to $130 USD. Right now, NEO price it's around of $55 USD.

I entry in the market price until the target at $130 USD and SL around of $42 USD. i just buy 16 NEO contract to keep this position to long.

s3.tradingview.com/s...shots/l/LklEyVmT.png

And also, you can to watch the 3 Daily timeframe, it's look bullish too.


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