NEOUSDT
NEO/BTC TA Update (Bounce at 200 Day MA?)NEO/BTC
Price bounces after touching the 200 Day MA as support, if NEO can hold the 0.5 Fib level, it is likely to continue higher up to retest the previous swing High at 1500 sats area.
otherwise, closed below 1150 sats will give pressure to the downside.
NEOBTC H&SH&S forming on NEOBTC, possible resistance at 200MA. Right shoulder may take more time to form.
$NEO ~ Curious. 12HR pinbar.Let's see how this plays out, Nice bullish candle off a support. 12hr timeframe suggest the next 24-48hrs on NEO should move up.
Im @ 1187-1188.
Stop @ 1160
TP where you see fit.
NEO looks bullishNEOUSDT, large double bottom formed on weekly chart, expecting upsides to the 0.786 fib line. Very cool project.
NEO - Sell I'm waiting for trendline break and reaching the TP2.
Sell: 11.89
TP1: 9
TP2: 8.1
SL: 13.5
NEOUSDT BINANCE 1D BB RSI MACDSignalyze AI Alert
#Binance 2019-11-19 16:36:32
Bollinger Band
#NEO/USDT
Indicator : {'bbp': '0.81', 'mfi': '85.84'}
Chart NEOUSDT BINANCE 1D BB RSI MACD
Prices:
Advised Buy Levels
BUY: 11.437
SL: 10.450
TP: 11.954 12.414
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#NEOBTC LONG - TP 1464If you're confused with this chart, there are bounds on the x and y axis that bound the trade which ideally leave the trader insusceptible to emotional responses. Ideally.
The top dotted blue line represents the TP @1464 sats and the vertical purple dotted line is the time stop which, when reached, invalidates the trading idea and the trader closes the trade manually.
As you can see, after the time stop was reached, the trade started moving in the pre-determined direction.
-How should this leave you feeling?
-Would you ignore your trading rules next time?
Likely, you would. The desire to make money is greater than following the trading plan for most. After hitting my head against the wall for so long with this concept, I made trading about discipline and patience. An exercise. Similar to a workout.
It's really no different.
So, tap yourself in the back for following the trading plan next time. That's the only way to reach true wealth correctly.
Follow the (your) plan.
NEO: Going To The Moon?Good morning dear crypto friends, hope you're doing well.
Both NEO & TRX started pumping when Xi Jinping announced that China wants to become a leader in Blockchain: They're pumping out of political reasons, this is crucial to understand.
Especially in NEO's case, we saw an immediate pump by 70%, followed by a perfect Bull Flag on the Daily:
=> If you're asking yourself, why the recent price action on this screenshot is missing: I posted it in our Discord channel yesterday.
Not enough with the perfect Daily Bull Flag, we even got an Equilibrium pattern on the Hourly, perfectly confirming the breakout:
=> Since then we're 15% in profit unleveraged.
What now?
NEO had been much higher this year, we came back to the ranges of $18-20. With the political news out right now, NEO could go towards that range, giving solid 50% profit unleveraged.
That doesn't mean though, that you can just blindly start chasing it: It is pumping right now, and you have to wait for a good consolidation opportunity.
If you don't want to miss amazing opportunities such as this one in the future, and eso. if you want to know how to exactly trade setups like these: You can become a member of Edgy, either through mentorship, automation, or through subscription to our indicators.
