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NEO is gaining strength slowly to $48 ?
NEO
Long
NEO is gaining strength slowly to $48 ?
By maheswar81
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Updated
Dec 11, 2017
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Dec 11, 2017
BITTREX:NEOUSD is gaining strength.
Price is placed on the support and the decent bounce is the sign to take a trade.
I have my view on the chart.
Entry
1) Buy now Or
2) Wait for a Dip to support Or
3) Wait for the breakout of the Triangle.
Target :
1 - $40.
2 - $43
3 - $48.
Break above $48, Hold for new ATH's.
Stop loss :
Decisive Break below the support - $32. Next, buy back area is around $26.5
One can match the same with NEOBTC and trade.
Please post your thoughts.
Will keep this thread alive with the updates.
Dec 11, 2017
Comment
Price is facing resistance on the Triangle top line.
Price could fall to support before it takes off or it can break and continue. Lets wait and watch.
Dec 13, 2017
Comment
Moving up steadily to $42.50, I may book profit here and buy at lower levels.
Dec 13, 2017
Comment
Target Achieved.
Dec 14, 2017
Comment
That was awesome bounce on the support around $41.
Buy at $41 (if you get a chance) or on the breakout of the High like $49.50 - $51
Dec 17, 2017
Comment
wow, $65, thats 50% from 41$ or 25% from the $51.
Hope you made nice profit.
Chart Patterns
NEO
NEOBTC
neousd
Trend Analysis
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