AlphaBotSystem

🎯 In My Dm's Asking for a Request? Here you go! | NEOUSDT

BINANCE:NEOUSDT   NEO / TetherUS
Bias:
🔞 This is a requested chart done for one of my supporters and simply highlights this current price action structure and how this could continue from this support range up to what is the next nearest resistance ranges to keep in mind. On the flip side if we head down much lower seeing anything lower than S2 would be very detrimental to the current bullish market structure. Stay safe with Alts during this massive Bitcoin volatility.

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1h Support:
  • S1: This clustering contains two Orderblocks left from the pump that brought us out of that $10 range. This also has one S/R flip which as it would appear has acted as a point of significance assuming this move does find its short term bottom here.

  • S2: This clustering has two expected S/R flips that are expected to act as a range of significance if we pull back.


    1h Resistance:
  • R1: This range consists of the current S/R flip that we pulled back from, regardless of the next move if we have a move up from here this level is likely to see some kind of reaction to it.

  • R2: While this range is not Highlighted by Alpha mapping or Directional Bias, we can't win them all, and such I had to manually plot it. Anyways this range may see a reaction if the price is not able to achieve the R3 range in one fell swoop.

  • R3: This being the most recent significant swing high ensures a reaction here with continued upside price action. To be kept in mind even if you expect a move higher than this level.

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Here are some significant levels of interest on a higher timeframe to at least keep in mind going forward. Anything lower than S2 is a clear bearish signal and should be considered heavily if currently long if and when that occurs.


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