NEO is currently on a bullish rally. And in short-term consolidation forming a symetric triangle.
Current levels are above historic uptrend (light-yellow), but still there is possibility for short-term profit according to TA.
Entry/Exit/TP levels are shown in the assumption ATH at 0.01398 will break, this could lead to the next level near 0.0187 with a R/R of 2.87.
If price does not break ATH, then this R/R gets reduced to 0.87.
Entry can be confirmed with MA20 cross and MACD heading towards signal.
A MACD cross would give you a higher entry level but perhaps less risky.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Current levels are above historic uptrend (light-yellow), but still there is possibility for short-term profit according to TA.
Entry/Exit/TP levels are shown in the assumption ATH at 0.01398 will break, this could lead to the next level near 0.0187 with a R/R of 2.87.
If price does not break ATH, then this R/R gets reduced to 0.87.
Entry can be confirmed with MA20 cross and MACD heading towards signal.
A MACD cross would give you a higher entry level but perhaps less risky.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Order cancelled
H&S confirmed. Next watch zone 0.0055 - 0.006Note
H&S failing on the 1H chart, possibly because of BTCUSD short term reversal.
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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.