NEO Key resistance test approachingAfter 6 days of consolidation from all time highs, we are getting the first signs that the bulls are ready to confirm they have established the higher low on the daily chart. We must see a break of $42 to confirm this, but we are seeing our first signs on the hourly with a higher low set and some bullish action following it. If we get a break of $42 we will look for a lower high on the daily compared to the all time high, and an equilibrium pattern to develop. I will be back to highlight this if we get the break!
Cryptotrade
Monero XMR LONG 25 July 2017Monero (XMR) is threatenng to break out on the upside.
There is heavy support for it hear from the Inchimoku indicators and the moving averages
This represents a good BUY opportunity.
Hope that helps,
Sean Vengan, Cryptotrading Mastery
Professional Cryptocurrency Trader and Trading Educator
Ethereum LONG Current price $224.55Ethereum structure has now changed to the upside.
It has broken out of the Bear Channel and it is now a good BUY - if you are short, stop and reverse.
Entry, stop loss and Target marked on the chart.
Looking for a 3:1 Risk Reward.
Kind regards,
Sean Vengan
Cryptocurrency Trader and Trading Educator