NEO/BTC Scalp
Updated
Good morning traders,
Potential opportunity for NEO, make sure to set a tight stop.
Key Notes:
1) Triangle formed, if it breaks, good place to set your stop loss.
2) Volatility is dying down, a move one way or the other happening soon.
3) Currently showing bullish 0 histogram MACD rejection, if it holds, it will go for a rise today.
4) RSI trending higher, as well as higher lows.
5) Important 4 hour close @ 12pm EST, will most likely determine direction of trade.
Buy in:
008140-8200
Targets are listed on chart
As always if you find this information useful, please support me by hitting the like and follow button.
Potential opportunity for NEO, make sure to set a tight stop.
Key Notes:
1) Triangle formed, if it breaks, good place to set your stop loss.
2) Volatility is dying down, a move one way or the other happening soon.
3) Currently showing bullish 0 histogram MACD rejection, if it holds, it will go for a rise today.
4) RSI trending higher, as well as higher lows.
5) Important 4 hour close @ 12pm EST, will most likely determine direction of trade.
Buy in:
008140-8200
Targets are listed on chart
As always if you find this information useful, please support me by hitting the like and follow button.
Note
I'll be looking to exit at a slight loss if this zone it's in @ 8100-8130 doesn't hold.Note
Zone held, trade is taking longer than expected as it's in a corrective cycle, however I'm looking for movement today, if not I'll cut out with a small profit sometime midday if I don't see any further movement, as I could be making money in other coins.Trade closed: target reached
Sold @ T1, as this took longer to develop than I wanted.2.20% profit.
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Twitter: twitter.com/Jedi_ant
Twitter: twitter.com/Jedi_ant
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