NEOBTC trade ideas
NEO should start flying It is difficult to predict, but may be a point to get back the believe in NEO and its stabilisation in the nearest future. Long time NEOBTC show free fall. It reached support zone - accumulation zone. So, it is time to start flying from this zone. First it should break out resistance line of the wedge, let´s see. Any more ideas in this regard?
Neo/Btc needs to hold or trouble is coming!!!!The last area of support that neo has bounced of if re tested needs to hold or big trouble is coming for neo with up to a 80% negative dive. Is neo capitulates that is very possible. If it happens it could be a very hard move to capitalize on. If it happens it would be a very fast wick.
On positive news neo could of just put in a head and start north. Very tricky situation that I'll be keeping My eye on.
As always protect your crypto and dont rush into things. For now Im remianing neutral on neo and waiting for some more market structure.
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Btc- 1HrzkkMTJZHvLxgutmNT9qNAussZwSBrf8
Ltc- LNhiQ2uEjUhy8UwmXUk1sgA9ZSXqSBkKRV
Eth- 0x85a2db972B76b8d8eAB52F77aB499CD5F74eDfaF
Bch- qr44ltflnphqprc34lmg9nz5zcr6dy0wdcqvx3q9u8
Iota-XTFHKGXUVPTQXFKLWDILPIYASLUIMK9GIJOGXACLEIPIOJI9LVYPGWDYCREXZCEYZ9MZLJJXPYDMRWWTYOYRKBZCCW
NEOBTC Technical Analysis 425% target ProjectionYou can see the Chart of NEOBTC on Weekly Timeframe .
It Seems Like correction period is almost End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Thanks
Adil Khan
NEO SHORT TERM PLAY$NEO is a massively undervalued digital asset as it stands, so the long term accumulation is still at play.
However, in the short term - It has fetl some quakes. Its recently dipped on both the 15m,30m, 1hr.
Its still in the upward channel, and could be a possible breakout trade at any moment. I expect a nice scalp here from 2770 - 3000 or so, especially if $BTC goes upwards/sideways.
Stoch RSI way down, looking to bust upwards as well.