Get started
QubitLife

NOEUSDT: Possible Long (05.11.2020)

Long
NEO / TetherUS PERPETUAL CONTRACT (BINANCE:NEOUSDT.P)  
QubitLife  
BINANCE:NEOUSDT.P   NEO / TetherUS PERPETUAL CONTRACT
Trend Analysis Harmonic Patterns Chart Patterns NEO neousd NEOUSDT neolong neousdlong neousdtlong neobuy
34
1
trendanalysis harmonicpatterns chartpattern neo neousd neousdt neolong neousdlong neousdtlong neobuy
A strong divergence has formed on H4 between the price and the RSI. In addition, the RSI is still close to the oversold level, which signals the possible completion of the downward movement.

On H1, the price has broken through the downtrend line, and now a correction is being formed.

We recommend buying NEOUSDT with a local correction on H1 with a stop loss at $ 13.7

Related Ideas

QubitLife
IOTAUSDT: Possible Long (09.11.2020)
QubitLife
FILUSDT: Possible Long (02.11.2020)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.