Panjang
Not Missing Out On NEO!
Zoomed Out
Major Resistance 1: $80
Major Resistance 2: $110
Major Resistance 3: $150
Major Resistance 4: $175
Aggressive downtrend line to be tested
Major Support 1: $50
Major Support 2: $30
Bounce off Trend line and Major Support
Daily
Looking at our daily up close we can see although we are still in a downtrend market, momentum has shifted towards the upside. A break above the aggressive trendline drawn confirms the end of this bear market according to my analysis. A daily close above $75 should put in consolidation ($80-$75) for a couple of days before a huge breakout $85
4hour
Shifting over to our pattern timeframe we can see a bullish flag has formed and we will be seeing a breakout above $75 with a 4hour close.
Hourly
Finally looking at our trigger timeframe we can see a potential drop towards $70 to find support, and heading towards the top of our flag
Major Resistance 1: $80
Major Resistance 2: $110
Major Resistance 3: $150
Major Resistance 4: $175
Aggressive downtrend line to be tested
Major Support 1: $50
Major Support 2: $30
Bounce off Trend line and Major Support
Daily
Looking at our daily up close we can see although we are still in a downtrend market, momentum has shifted towards the upside. A break above the aggressive trendline drawn confirms the end of this bear market according to my analysis. A daily close above $75 should put in consolidation ($80-$75) for a couple of days before a huge breakout $85
4hour
Shifting over to our pattern timeframe we can see a bullish flag has formed and we will be seeing a breakout above $75 with a 4hour close.
Hourly
Finally looking at our trigger timeframe we can see a potential drop towards $70 to find support, and heading towards the top of our flag
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.