NEO is tricking going against BTC, looks like it wants to shake things before moving, our previous setup got invalidated. This new one is another eager analysis, to monitor a bit waiting for confirmation before entering. Myself is already in since last idea, so this setup is for people who may want to get in. NEO looks like made a pivot, it is not confirmed yet, so if it start going bullish from here it will probably follow the setup with first target with 19% profit from here. Let's wait a bit and see !
Nota
NEO is still shy with all attention with BTCUSD, it is running sideways and if the setup holds with no new break down, it will start to move like a rocket:Nota
Let's see the larger picture:Nota
Here is the situation for NEO, it is on the 50% retracement for the recent top with a perfect 1.618 Circle Fib bottom with possible +50% on the bull side to start with and some nasty crash on the bear side so this is the ultimate stop loss and short signal. You can setup you trade either way. Since I am already long my stop loss is just below:
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.