frostyflakeds
Long

NEO upcoming potential rise! Follow the leader!

BITFINEX:NEOUSD   NEO / U.S. Dollar
Greetings everyone! Hope you're enjoying your Thursday so far!

Looking at the charts I'm seeing a possibility for us to revisit the area around 50-60, but we'll need to confirm this by breaking the resistance around 42. If we do fall I wouldn't expect a large drop , but I'd say it's going to follow whatever BTC does at this point so keep a stop-loss just in case. I've also showed the maximum it should drop on the previous support channel, and I think it should stay above that due to high volume around this price range frequently. Keep your eyes peeled this could be a quick pump. I did notice though that the RSI is already at 51 which is quite a jump also a sign I think because at the start of each bullrun is a spike like this. Good luck traders!
Comment: Everything going correctly so far. :D Good luck out there guys!
Comment: Well I possibly stand corrected. Sorry folks..

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out