Sorry I didn't have enough time today to keep with my daily analysis and I have to keep this short, so this was my trade today - it broke resistance and I'm preparing to sell it at first fib level and see how it will behave, if and when it breaks the first fib resistance we can expect a solid up trend being formed and a mid/long-term position can be made.
NEO just broke a resistance and has shot up in price, before any further increase we may see the market correct and consolidate before another trend upwards. Follow the support and resistant levels shown on the graph and trade accordingly. Orange - Resistance. Purple - Support. First Target - 0.0074K. Second Target - 0.0106K.
Pretty tricky to make a chart for such a pump, but lets give it a try: Based on Fibonacci, target for leg 3 would be the blue box where we are right now. If (a big IF) we retrace from here, it could go back to (4) for a next leg up. All indicators show overbought and retrace possible (indicators are not leading for me, just a tool). Don't get caught in the...
If it passed the purple line, it will accelerate to the green one.
The NEOS's team twitted that a good news will be realised soon. the market already feels optimistic regarding this TOKENS, therefore, the price reaches all-time HIGH.
Neoscoin been fairly stable and quiet for a while, recently we had a small test pump, could this be the trigger for the larger pump soon? Who knows? what I do know is we will accumulate some coins and wait. Keep an eye on my twitter feed for updates.
Pretty obvious Cup & Handle formation. Already broke above the neckline today and retraced - it's bouncing around right now. Stochastic looks has some room to go up. Volume doesn't really match the pattern, but this is a very low volume coin. Target would be well above the ATH. Listen...like I said this is a low volume coin so it's very prone to...
Big bullish candle(some call it caffeine candle) from 15 of February established move which could reach highs from September. Pair was stopped by GAP and is on consolidation creating nice flag pattern. I would enter now or wait for pair to retest short term support established around 0.0001700 level. I'm not sure when or if the pair will go above GAP and it is...