happytrader138
Long

NEO / NEOUSD / NEOBTC looking to make a comeback

BITFINEX:NEOUSD   NEO / U.S. Dollar
NEOUSD / NEO / NEOBTC - Bollinger bands w-bottom confirmed on the 1D with SMI divergence. We are also well below the bottom of the TR and finally starting to see an uptick in volume . We may be beginning to see the start of the next bull run here, but if not, 1st short term target is $34 and 2nd target is $41.
Comment: ****BOING**** We should expect low volume selling and JACs (jumps across the creek), which are high volume high spread candles as we shoot to get back in and towards the top of the trading range.
Trade closed: target reached: Hit both targets of $34 and $41. Very happy with this trade.We have resistance around the $41 area, but not for long IMO.

Comments

Hey
Will NEO dip again to 30?
Any suggestions
Reply
@AnUser, I can't make predictions like that. $30 isn't a target anywhere for me though.
Reply
@AnUser, I like neo, but it all depends how BTC performs. If BTC goes down to 5400, as most people anticipating, we will most likely see NEO between18-22.
Reply
@Sen_Crypto, When "most people are anticipating" a price, it's most likely not getting there.
Reply
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