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NEOBTC 4H CHART NEO ENTRY SIGNAL
Neo / Bitcoin
Long
NEOBTC 4H CHART NEO ENTRY SIGNAL
By WaineNZeddmo
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Updated
Aug 17, 2017
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Aug 16, 2017
NEO is currently on a bullish rally. And in short-term consolidation forming a symetric triangle.
Current levels are above historic uptrend (light-yellow), but still there is possibility for short-term profit according to TA.
Entry/Exit/TP levels are shown in the assumption ATH at 0.01398 will break, this could lead to the next level near 0.0187 with a R/R of 2.87.
If price does not break ATH, then this R/R gets reduced to 0.87.
Entry can be confirmed with MA20 cross and MACD heading towards signal.
A MACD cross would give you a higher entry level but perhaps less risky.
WNZ
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t.me/ZeddmoTrading
Aug 17, 2017
Order cancelled
H&S confirmed. Next watch zone 0.0055 - 0.006
Aug 17, 2017
Note
H&S failing on the 1H chart, possibly because of BTCUSD short term reversal.
4h
entry
Fibonacci
levels
LONG
NEO
NEOBTC
Support and Resistance
Trend Lines
WaineNZeddmo
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