NEO is gaining strength slowly to $48 ?
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.
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.
Note
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.
Note
Moving up steadily to $42.50, I may book profit here and buy at lower levels.Note
Target Achieved.Note
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
Note
wow, $65, thats 50% from 41$ or 25% from the $51.Hope you made nice profit.
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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.