After placing down this channel, I scrolled out to see and NEOUSD has never broken the 1.618 fib in this channel. That's bad.
Nearly double topped on the RSI but 70 was not hit, but stable above the 0.618 retracement. Uptick on the RSI as of writing.
I am currently in a long, hoping that it'll pop up above $120. As of writing, it looks like BTC is going to make a bear trap and holding out seems like the best option.
No stop loss, waiting for the possible bear trap to pass to and I'll freeball the order close. I may keep some if BTC goes sideways and wait for a better sell order.
Edit: OK. That was fast. Candle close in 25min for the real test.
Nearly double topped on the RSI but 70 was not hit, but stable above the 0.618 retracement. Uptick on the RSI as of writing.
I am currently in a long, hoping that it'll pop up above $120. As of writing, it looks like BTC is going to make a bear trap and holding out seems like the best option.
No stop loss, waiting for the possible bear trap to pass to and I'll freeball the order close. I may keep some if BTC goes sideways and wait for a better sell order.
Edit: OK. That was fast. Candle close in 25min for the real test.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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.