Hi everyone, since this mounth 05/01 i've started to become more active on TV community, so considering that i'll start doing a weekly posts about
good oportunities i've done some courses and studyies about trade analysis (TA) so today i consider myself fit to give some trade lessons for community. So let's stop talking and so some analysis about cryptocurrencies.
NEO highest price has been in 197.62 on 15/01 , since this breakdown all the cryptos are moving down, following BTC downtrend, but now the scenario is changing, NEO has breakdown and downthred channel (wine lines) on the green circle, the price on this mommen was on (48.42)
after that this crypto came in into a uptrend channel an thats the new trend about NEO,bullish so my guess is that u put a market long (buy) on $85.00, and wait the market prossigue with the trend.
ADX/DI - Is neutral, no crosses the both lines are in the oposite sides what do not give a bull or a bearish sign, it stays neutral.
RSI - not in overbought or oversold, 51 it's a great number to still go up, if was over 70 it could go down
MACD - is the only that gives bearish sign, cause the both lines are pointing down, and histogram are not so good
So that's my analysis about NEO
Hope you liked
I only operate on crypto, so if you want to stay noticed about cryptocurrencies graphics and TA follow me
Thank you and good trades!
good oportunities i've done some courses and studyies about trade analysis (TA) so today i consider myself fit to give some trade lessons for community. So let's stop talking and so some analysis about cryptocurrencies.
NEO highest price has been in 197.62 on 15/01 , since this breakdown all the cryptos are moving down, following BTC downtrend, but now the scenario is changing, NEO has breakdown and downthred channel (wine lines) on the green circle, the price on this mommen was on (48.42)
after that this crypto came in into a uptrend channel an thats the new trend about NEO,bullish so my guess is that u put a market long (buy) on $85.00, and wait the market prossigue with the trend.
ADX/DI - Is neutral, no crosses the both lines are in the oposite sides what do not give a bull or a bearish sign, it stays neutral.
RSI - not in overbought or oversold, 51 it's a great number to still go up, if was over 70 it could go down
MACD - is the only that gives bearish sign, cause the both lines are pointing down, and histogram are not so good
So that's my analysis about NEO
Hope you liked
I only operate on crypto, so if you want to stay noticed about cryptocurrencies graphics and TA follow me
Thank you and good trades!