. NEO/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 35.
. While the and the price downtrend in the are not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (0.00253 to 0.00183). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00253)
Ending of entry zone (0.00183)
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
TP1= @ 0.00317
TP2= @ 0.00364
TP3= @ 0.00470
TP4= @ 0.00560
TP5= @ 0.00640
TP6= @ 0.00740
TP7= @ 0.00963
TP8= @ 0.01110
TP9= @ 0.01200
TP10= @ 0.01400
TP11= @ 0.01520
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