Analysis: If we look at the chart of NEO its obvious that the 50DEMA act as a base (support) for the bullish trend on the daily chart. Right now the current price of NEO is trading above 25$/coin from the average. Right now the best decision that you can made is to wait until the price go down to meet with the average in order to place a low risk long position from near the 75$ level. If the 50DEMA average is going to support the bullish trend the next potential top could be the 300$ level until the next correction or maybe it will be the top of the current bull run. Bitcoin is still hesitating to make another ATH so it will be a chance for NEO as well to test the average as well.
Trade: Buy - wait until market goes down to the 75$ level at least.
Entry: 72-75$
1st target: 150$
2nd target: 290$
S/L: 62$
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Trade: Buy - wait until market goes down to the 75$ level at least.
Entry: 72-75$
1st target: 150$
2nd target: 290$
S/L: 62$
Consider to join our community to get more of this kind for Free.
community.protradersnetwork.com/...
#forextrader #forex #forextrading #forexsignals #forexlifestyle #trading #money #cryptocurrency #trader #bitcoin #forexmarket #forexlife #technicalanalysis #stockmarket #forexanalysis #forexmentor #daytrading #forexgroup
Nota
it will crash more, dont buy just right now. Maybe around 45$
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.
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.