magupitrader

NEOUSDT Ascending channel under general downtrend line

magupitrader Updated   
BINANCE:NEOUSDT   NEO / TetherUS
This is my first published idea, I accept any negative or positve feedback. I am a software engineer, not a professional trader.
Trade active:
Price is under 23.60% that has been a strong support so far.
I expect the ascending channel continues until it tests the upper end of kumo cloud. In case it breaks that resistance it could continue until 100

In the case it breaks the ascending channel or bounces down the upper end of kumo cloud, it can go to test 56-60 support level prices
Comment:
Precio se ha mantenido sobre 23.60% Fib actuando como soporte fuerte hasta ahora.
Espero que el precio continue este canl ascendente hasta tocar el final de la nube kumo del ichimoku, en case de que rompierta esa resistencia, podria continuar hasta los 100

En caso contrario, si rompe el canal ascendente o rebota en el final de la nube, podria volver a caer hasta el soporte de precios entre 50-60
Trade active:
The prediction has happened exactly as I expected, it has tested the 30.20% FIB that coincides with the downtrend line and the end of the cloud, the daily candle is not yet finished, so, I am going to wait if that hard resistance is broken.
Trade closed: target reached

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