NEO/BTC is showing bullish divergence on the 4-hour RSI and the 4-hour Stochastic. CMF is also on a support it has tested 3 times prior, so it could start turning upwards as well. NEO/BTC came down to retest it's previous bottom around 2370-2390, and formed a tweaser bottom reversal pattern on the 1-hour chart, so we could be set to see higher moves. Good risk/reward on this play so long as Bitcoin can remain steady.
Entry: 2450-2475.
Target 1: 2550
Target 2: 2700
Target 3: 2800
(Tight) SL: 2380 (Right below the tweaser bottom reversal we formed on the 1-hour chart.)
(Loose) SL: 2330-2340 (Below the double bottom support.)
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
Entry: 2450-2475.
Target 1: 2550
Target 2: 2700
Target 3: 2800
(Tight) SL: 2380 (Right below the tweaser bottom reversal we formed on the 1-hour chart.)
(Loose) SL: 2330-2340 (Below the double bottom support.)
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
Nota
Target 1 at 2550 has been hit!Nota
Target 2 at 2700 has been hit on a wick!
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
FTX US: ftx.us/
Sign up for Binance US here: binance.us/?ref=35000668
Sign up for Binance US here: binance.us/?ref=35000668
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.