Hello Trades,
Seems like NEO reached the top of the channel and the bottom of the bearflag again to retest it
You can trade this .
Target if it didn't break to the upside
should be the bottom of the channel.
On the chart we got the following :
Bearish divergence on 5m and 15m .
over bought on some indicators at 5m 15m 30m chart
we are on a strong resistance.
-
Have a nice day
Seems like NEO reached the top of the channel and the bottom of the bearflag again to retest it
You can trade this .
Target if it didn't break to the upside
should be the bottom of the channel.
On the chart we got the following :
Bearish divergence on 5m and 15m .
over bought on some indicators at 5m 15m 30m chart
we are on a strong resistance.
-
Have a nice day
Note
I forgot to mention that we need to break the micro upchannel to reach the bottomTrade closed: stop reached
BTC reversal
Follow for more frequent updates about crypto on Telegram,
available in both AR and EN.Don’t hesitate to ask questions in the comments!
available in both AR and EN.Don’t hesitate to ask questions in the comments!
Related publications
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.
Follow for more frequent updates about crypto on Telegram,
available in both AR and EN.Don’t hesitate to ask questions in the comments!
available in both AR and EN.Don’t hesitate to ask questions in the comments!
Related publications
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.