BerlinTrader591

Giant NEO Penant - SURFING the Wave.

Long
BITTREX:NEOUSDT   Neo / Tether
I just like the craziness of these altcoin patterns.

On this NEO, we have a consolidation range between 9 and 60 !! This is something never before seen in history. Incredible these ranges.

Well, it looks like we need to see a breakout in Neo in the coming weeks as these trend lines connecting the highs and lows are converging to a head.

My bet would be a drop as people head into the Bitcoin fork for the free coins, then a big rush into the altcoins and a breakout of that upper trend line following the fork. So want to ride the wave? This is going to be the theme of my posts for the coming weeks. Get all the free B2X coins you can, and ride the wave into the altcoins. We'll see if that comes true.

Happy surfing.


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MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.

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