NeoButane

NeoButane

Redline: VIX Purple area: DJI Index Blue area: BITSTAMP:BTCUSD www.cnbc.com "Autonomous Next also estimates that the "crypto-funds" have about $2.3 billion in total assets under management." When BTCUSD/DJI Index correlation started to really correlate: 15 Nov. 2017. "Billionaire Investor Novogratz: Institutional Investors Will Soon Adopt...

NeoButane

I am predicting sideways movement in the 10.3-10.7k region, as an extreme. If I'm wrong, I will buy myself a NEO. Fib adjusted speed resistance fans from peak to trough, trough to peak, intercrossing above BTCUSD to create heavy resistance at 10.7k The last time we broke out of the downtrend, we got shut down hard. I'm sure any bullish whales are aware of...

NeoButane

Bullrun past 138 if VPVR is any indication. BTCUSD breaking down in price will mean buying in under 120, shorting above 130 with a tight stop loss.

NeoButane Updated 

Resistance/short reasons: Very wide VA POC above Speedfan from peak Speedfan from trough Has yet to break Fib retracement .382 Volume dying off Double top on RSI and on the .382 region These are my own opinions for short term .

NeoButane Updated 

After placing down this channel, I scrolled out to see and NEOUSD has never broken the 1.618 fib in this channel. That's bad. Nearly double topped on the RSI but 70 was not hit, but stable above the 0.618 retracement. Uptick on the RSI as of writing. I am currently in a long, hoping that it'll pop up above $120. As of writing, it looks like BTC is going to make...

NeoButane Updated 

Super short term trade! Would not recommend. Mainly doing this for future documentation. Coins that are being bought for a fundamental reason (see $ICX, $VEN, $NEO) are able to do what other coins can't, and that is hit 80 RSI with ridiculous breakout continuation patterns. The fundamental reason for ETC is the airdrop (and the fact that it has one of the highest...

NeoButane Updated 

Note: this idea is extremely time constrained and may be irrelevant by time you read it. 1 hour just closed with a doji candlestick! We still have time to play alts as long as BTC is carefully watched. + Closed right on the 38.20% retracement (peak is drawn from $11185.10) + Jumped speed resistance fans like it was made for puppies + BTC can definitely...

NeoButane Updated 

To note: no long term channel has been established yet due to how new this coin is, meaning that there is risk involved dealing with it; akin to investing in a startup company. However, fundamentally ICX stands above most other new alt coins due to the sheer amount of partnerships they have. MACD and RSI are looking alright and ICX is undervalued due to BTC value...

NeoButane

EMAs look like we may be getting out of this but so far it is indecisive. RSI crossing down 50 with conviction, MACD about to cross under as well. Both indicate bearish, but like I said, no confirmation as of yet. Look for confirmation with a candlestick closing above $10,000 or closing under $9,500 on a time interval longer than 4 hours. Not currently holding...

NeoButane Updated 

Reasoning: If we go down, the speed resistance fan lines show us the bottom should be a safe 9.7k if it doesn't break. RSI looking good so it may go up short term; my reason for downtrend or sideways movement is that longs have increased and the MACD's shape doesn't look too hoto for a 4h. Double topped at a critical point; accumulation zone right now. Play...

NeoButane Updated 

There's a lot of hype surrounding breaking the $11,700 mark, I'm just glad we didn't pull back to the next support line. I FOMO'd because I was afraid of missing the bullrun; gotta learn to leave emotions out! 2hr candle pulled up from the support line, I'm expecting sideways movement in the $11,300-$11,700 region (candle has yet to close however). If we...

NeoButane Updated 

VPVR shows us that NEBL is at a very healthy price level. The white lines around it shows the developing VA, value area; where all the trade is happening. The POC, point of control, shows where the very most trading volume took place. It's the chalk blue horizontal line We're at the bottom of this and the only way is up! RSI is above 50; for me, this is a very...

NeoButane Updated 

Neblio, NEBLBTC is converging into a formation with trend lines start in January . That's nearly a month and a half of price consolidation, meaning that a breakout will be explosive . We can take a look at the indicators and know that it's an automatic buy. RSI is upticked and nowhere near overbought levels The MACD is just about to cross over, and the...

NeoButane Updated 

Looks pretty bad. Strong inverse correlation with BTCUSD; when BTCUSD dips, I am expecting a few sats increase.

NeoButane

With indicators!

NeoButane Updated 

We're going to hit the fib line and RSI is at 70. I am expecting a few hundred dollars dip before it resumes. Then I believe it will dump a >$500 at $12,000. Not sure if it would break the speed resistance fan line, but it can rest on the next price trend line like it has done when we hit $9,000. Overlay shows either shorts increasing or longs have been...

NeoButane Updated 

Annotated in chart. Possible falling wedge but lacks candles touching trend lines. Entry zone: 4000-4100. Price volatility within the red trend lines. Stop loss: 3900. This is being pumped because of the Binance event. www.binance.com Target: Above 5000 sats if the three white soldiers appear. Otherwise pull profits at 10-20%. Critique appreciated :)

NeoButane Updated 

Predictions for short term (1-7days): 9000-11500 Drop: $9700 - $9800 - $10050 - $10300 - $10500 High volatility possible in lower 9k region if we go there, 8k lowest if something crazy happens, ex. extreme bullrun Based on Vol Profile and retracements. Up: $10900 - $11500 Barring a huge dump, I believe we will continue to consolidate in the $10,000s region....