NEOUSDCNEOUSDC
Entonnoir : W/D/H4 (swing)
Toujours dans sa compression weekly (blanc) avec un biais bullish puisque le prix vient du bas de la compression.
Le daily est en train d'entrer en compression (jaune) entre les zones de S/R à ~10 et ~12.
Si cette compression daily casse par le haut, il y aura un trade à prendre surtout si on a un double signal D/W qui annoncerait une belle hausse pour cet asset.
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Funnel : W/D/H4 (swing)
Still compressing on weekly (white) with a bullish bias as the price is coming from the bottom of the compression.
The daily is starting to compress (yellow) between the zones of S/R at ~10 and ~12.
If this daily compression breaks by the top, we might see a good opportunity to go long, especially if we have a double breakout signal D/W which would probably means a nice uptrend for this asset.
NEOUSDC.P trade ideas
NEO/USDC Trade set upNEO had a huge run lately and is looking bullish on the shorter time frames.
keep in mind that the higher timeframes are looking overextended so this trade has higher risk.
Much of this trade will also depend on bitcoin's next move.
Exponential moving averages have been acting as support on all timeframes.
*30m - 100EMA
*1H - 50EMA
*2H - 26EMA
*4H - 12EMA
*DAILY - 200EMA
*WEEKLY - 12EMA
Stop-loss is placed under these exponential supports with a RISK of 1.49%.
Take profit levels are 14% en 20% of the buy zone. We are looking for a break-out of the resistance zone into bullish action.
This trade could easily see more upside past these levels so feel free to keep a portion of your position for a higher profit.
I'll address those in a later post.
Happy trading and remember;
“There's a difference between knowing the path and walking the path.”
- MORPHEUS_RED
NEOUSDCNEOUSDC
Entonnoir : W/D/H4 (swing)
Même analyse sur la paire USDC.
Weekly haussier, daily sorti de compression mais de façon trop violente que pour prendre position maintenant.
Il faudra attendre un throwback sur l'une des 3 zones de S/R.
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Funnel : W/D/H4 (swing)
Same analysis on the USDC pair.
Weekly is bullish, daily has broken out of its compression but way too high to go long now.
One shall wait a proper throwback on one of the zones of S/R.