Looking to enter NEO, here are my ideas on taking a long position. My buy point is approximately 0.00710000. As I am new, feedback is appreciated.
Resistance at 0.618 Fib level drawn from 0.00014200 Low/0.01402755 High on 1 Day charts. Entry point based on 0.5 fib level at 0.00708478.
Possible completion of correction wave. Slightly elevated RSI, with limited support/volume of current bull trend as indicated by SMA/EMA and MACD
Price is breaching upper BB
Will check trend line in a few days.
Resistance at 0.618 Fib level drawn from 0.00014200 Low/0.01402755 High on 1 Day charts. Entry point based on 0.5 fib level at 0.00708478.
Possible completion of correction wave. Slightly elevated RSI, with limited support/volume of current bull trend as indicated by SMA/EMA and MACD
Price is breaching upper BB
Will check trend line in a few days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.