. NEO/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 60.
. There is a possibility of temporary retracement to suggested (11.1856 to 8.4295). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (11.1856)
Ending of entry zone (8.4295)
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= @ 14.26790000
TP2= @ 17.63851000
TP3= @ 20.75000000
TP4= @ 24.99556000
TP5= @ 31.86434000
TP6= @ 43.90000000
TP7= @ 93.13590000
To be clear, is this idea an update on your previous NEO idea, which was presumably also an update to the original idea of April? And do you see a return to your buy area? I guess a BTC dip would bring that, otherwise, seems like NEO's looking upwards?