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Neo forming a bullish divergence pattern on the RSI. Might be good to long, considering the price has almost bottomed out?
I tried to make a good reflection of the whole cryptomarket. I only could do this with coins that been trading for more than a year. Otherwise the chart did not work. So I made a chart with the following coins:
BTC, ETH, XRP, LTC, DASH, NEO, MONERO, XEM
If people also wanna chart on this chart use the following ...
Pattience... Risk Reward at these levels are awesome... keep accumulating...
Not financial advice.
just a possibility if the first trade idea fails, I don't like to make two charts.
bear consolidation , market still in bear consolidation as i believe btc will broke and i expect this targets for neo.
Now we gonna kill early investors from 2017 (janaury-march) thats my thoughts
metagame : just money
High probability of rollback after such a fall
Downlink Support Line Test
dont sell your house or kidney but if you are left with CASH buy some NEO in your Long Term Portfolio on dips if any
Long Position (EP) : 14.68
Stop Loss (SL) : 12.51
Take Profit (TP) : 19.02
formed Turtle soup at D1 time frame. Trade setup with buy stop at previous low and place stop loss at new low.
Once the position was hit, place take profit above 2X of (EP-SL)
Money in portfolio : $700
Risk Management (1%) : $7
Neo has been a weak alt the past weeks, this could be because the market finds it less interesting during the last rally, or the bulls will play catch up soon. The market in general is still in a danger zone. For this one i am waiting for an entry close to 18ish and will use a stop below the 17. For this one i will buy in half around the 18 and wait for a break of ...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot ...
As long as 16,38 cannot be exceeded, retreat to 13,85 can be expected.
Swing trade between the 5 waves... The target is aproximated, but the time is close to the final, specially Buy targets.
Use stop loss, 1%, 3%, 5%, 7%... Its all depends of your "tolerance".
If you wish a safe buy after break $22, $30 resitences.
. NEO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a possibility of ...
After last year's buyers were able to raise the price of this coin to $ 200, a long correction began. NEO has fallen 10 times! The fall lasted 9 months.
Wave A lasted for 80 days, wave C lasted for 105 days.
Now, in my opinion, the first wave, which will last until the end of this year, begins to form.
At the moment Neo is traded in the price zone 16.5-20.5 for 50 ...
Courtesy of the Djinn
And there are those who still contend you cannot trade Crypto because it's a fundamental market ...
Wake up to MASSIVE PROFIT tomorrow with $NEO / $USD!