This will be my trading strategy 3 months ahead.
Sell at or above red lines, buy at or above green lines.
Sell at or above red lines, buy at or above green lines.
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* buy at or below green lines.
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More clear...
Trade closed manually:
I refined my technique and made it more simplistic. Only one Fibonacci of every type (giant, big, small) is necessary, more is overdoing it and is most probably wrong. So forget about this idea. A new NEO idea is coming soon...
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You will really like my NEO pattern once I show it. It's very beautiful. I don't want to release it yet, maybe in some months it depends how it moves. I want to be sure about this before... I'm hoping it to move sideways so that the pattern become more beautiful. But if I release this maybe people will play with the trend lines to get some cheap profit. Don't run in and buy this now just yet. There's still a strong bearish circular trend (not shown in th charts above).
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(the comment above is not investment advice)
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I think there's a strong resistance around $105
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Here you can see it interact with the ATH resistance that I menthined in my last comment. This little chart below is just a taste of the full beauty of the new NEO chart. I will show it when NEO is starting to boil and is ready to skyrocket. I don't think it's strong enough to break above this key level marked with fat red line...
To be continued....
To be continued....
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And if some NEO investor that got loads of NEO coins want to profit the most, I think it would go the highest if you waited some months until it goes up... It would really be spectacular when it rises I imagine if it starts rising in Mars or April for example. SO keep the price down please...
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Price going too far above $105 will destroy the beautiful pattern. It needs to wait some months for that.
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Very good.
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NEO is back around $105. Great, the beauty is restored... :)
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Can't go above $195 (not trading advice).
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Revisisted my $105 level (actually it's always been more like a $110 level).
Hopefully the next time it reaches there it will continue a bearish trend.
Hopefully the next time it reaches there it will continue a bearish trend.
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Can you see how it has a strong attraction to the ~$105 level (I mentioned the first time January 2). I really like these moving averages... I'm totally addicted.
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Looking bearish here... NEO got a temporary form of multiple sclerosis and will probably go down.
