A clear short, an ideal position in the 3-4 days to buy the dip ready for the LT.
'Eggs' are delicate, and if all of your eggs were in one container, and that container was damaged, you might lose all of your eggs in one quick and painful moment. - Risk management.
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.0078), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price...
Bullish flag, Neo is going to have an ico=NEX which is going to be a Neo exchange. The ico will only allow you to buy the NEX for NEO or GASS. Potential buying opportunity as the demand for this coin might increase over the next 4 weeks.
It is not a financial advice, everything you see in this chart is a personal opinion, should not be used as an...
Basic Fib Extension and Retracement projection.
If first target wave (1) is achieved, the (2) - (3) retracement may be reduced to 0.5, adjust all targets upwards.
Assuming the Elliot Wave doesn't fail.
Assuming that the price doesn't fall below the 10621 support.
See notes on graph
This is not financial advise, do your own research.
After nice correction, NEO made 1. Elliott impulse, about 50% correction and started 2nd wave. Potencial is 12,44%.
Entering point: 0.012122
1. Target: $152,11
2. Target: $167,14
RSI for next 30min is in good position.
Note, short assuming recent boost up has finished, and the market follows the previous cycle. If so, we should now see a pullback down followed by a period of consolidation, and I would expect a longer term buy-in opportunity to be around the following marked on the sketch, based upon fib ratios.
As Neo has been strong recently and is seen as a good coin, I have...
Bitfinex, 30 min candles
1. Sharp move: 34% drop followed by an 18% rise in just a few hours
2. Flagpole: continuous 53 point height
3. Flag: sloping against the previous trend
4. Duration: crypto is quite different from regular markets, so the trend is expected to continue for the next 11 hours
5. Break: already broke the 0.00640 resistance and testing...
NEOBTC formed a very pretty Head and Shoulders pattern and has broken out of the neckline.We seek to go long on this baby,with the perfect buy zone being a pullback to the demand zone.
Enjoy some new year profits!
A number of currencies are trending in an inverse price correlation on BTC price drop and accentuated correlation on rise. With BTC dominance (% share of crypto currency market capitalization) decreasing incrementally, this could present an opportunity to capitalize on certain digital assets. This model presents a test-bed for BTC capital outflow and cross...
Neo is not likely to make a %100 retracement
Given the bull run of BTC it is quite likely to come down to depression phase
Either try to catch the wicks with the stop loss at 280K
But safest bet is the confirmation of the trend reversal
In the coming days i expect a red day in the markets where sellers would take their profits causing to retrace the price to its major support-line. I see a short term position to buy at the support line, where there is a likely hood of a good bounce and further consolidation in between the Fibonacci lines. Due to the hype around this coin its not necessary to set...