I think there is no exist 2 timeline that the market do the same action. Compare 2 different period and try to find the same way it does just is a stupid action and it's nonsense. However, I saw so much "pro trader" are trying to compare it the many friends and my students ask me about it so I will do this idea to show you that it's totaly difference. My TA based...
While other cryptocurrencies are finding the tendency, NEO seem so clear to see a strong uptrend.
The price is supported by the regular uptrend line and current price is about 25% from ATH, it's really good.
For sure, you can wait until see a breakout (nearly $72)
- target 1: $100
- target 2: $140
- target 3: $180
We can see the price got pump and crash very fast on the previous swing. After carshed, it rebounded with a very strong uptrend line.
The price has a strong sparation from current uptrend line and confirmed by a reject to bearish from SMA 50. Right now, the price has reached previous Ichimoku Cloud base line and correcting. However, look at this timeline we can...
Price is moving on a wedge which supported by an uptrend line and RSI 8 confirmed for reversal. The cleavage of SMA 100 and SMA 200 is very good and Ichimoku cloud still up.
All of good conditions give us a trading opportunity. Order can be placed at the zone $0.82-$0.84.
Short term profit target: $0.9
Middle term profit target: $1.1
MA 200 is flat and breakout point confirmed to exit from downtrend line of correction. Moreover, the bottom was confirmed point 4 of Elliot impulse (12345). So we can hope a crazy up in this final impulse before it goes to Elliot correction cycle.
Pending order should be place at above breakout line: $1375 (Fib retracement level 0.382)
Profit target: $2800,...
In some recent days, almost all coin strong go up. And we had a lot of good news, some say BTC is come back for a strong bullish, beside that other else say BTC just prepare for a strong dips. So, who say the trust? And what are happening? Buy now or wait to a strong dips?
I will discuss about this but please note you do not need to trust me. Your money- your...
In my previous idea based on 1 day chart, I've told a case that BTC might down to nearly 3000 USD. In this idea I will explain fully how it is possible.
This TA based on weekly chart
- The first, look at fibo channel uptrend we can see the price has fully upward movement. When it passed Fib channel 2.0, it was began move to bubble zone.
- After fully upward...
Before read my post, please note that the market is not need to focused of moving like my idea. You can consult but you need to investigate carefully as anything can happen.
Now, the main question is how bitcoin will move?
This TA according 1 day chart.
Look at the chart we can see the price had dropped to the bottom that was confirmed by MA 50, MA 100...
This is 1 day chart. Look at this chart we can see the RSI has exited from downtrend line, MACD at -1293 is ready to rebound. If the pricing can keep equal or higher 8100 USD more 1 day then we can sure the pricing will move up.
However, is it ready to new bullish onece more?
I don't think so.
Now we have a look at MA50, MA100 and MA200. The pricing is ready...
The pricing has bounced from MA 50 and RSI wave in the bottom give us an opportunity to have a strong bullish. Look at the chart, we can see a repeat model with 3 main zones: "Get ready", "Simple upward" and "Strong bullish".
We can see the pricing hit a strong support zone right now, it's bouncing from 110-125 USD. For long term trading, it's cheappeast to buy...
The price rebound from MA100, MACD in -810 give us a short term signal trade opportunity. However, the RSI, MACD still in downtrend line so we need to wait a short breakout.
Pending order should be place at 12100 USD to make sure the price is moving up. Profit target at 13500 USD (near resistance zone confirmed by MA50 and downtrend line- about 13700 USD)
As what I seeing, NEO's pricing is focused on Elliot 5 waves. That's meaning NEO pricing will hit new ATH very soon as it has to complete the final wave of this cycle (wave 3-5).
So, how to trade?
Because this is an upward movement so it's very simple.
Buy: (130-140) - Sell: (320-330)
The ATH might reach near 350 USD even higher but this is highly risk zone....
Based on 4h chart, we can see the pricing is exiting from hard downtrend line after it made a crazy upward movement. By the new movement, the opportunity to buy XRP cheappeast is between 1.15-1.3 USD (buy zone). In the neutral term, the pricing can't pass the resistance zone at 2.8-3.0 USD (sell zone). To reach this zone, it has to face a short correction at 2.00...