readCrypto

NEO (NEO) - April 20

BITTREX:NEOUSD   None
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(NEOUSD 1W chart)

(1D chart)
You should watch for any movement that deviates from the 91.56900381-120.28565454 segment.
We have to see if we can get support and climb at 100.25260977.

If you decline at 81.9967828, you need a short stop loss.
However, you can touch the 70.97800755 point and climb, so you need to trade carefully.

If it falls at 50.22168635, a Stop Loss is required to preserve profit and loss.

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(NEOBTC 1W chart)

(1D chart)
It remains to be seen if it can gain support and ascend at the 1963 Satoshi branch.
If it falls, we need to make sure we get support in the 1691 Satoshi-1847 Satoshi section.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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