NEO / BitcoinLong
NEO/BTC - Structure at range low (40% upside)
Nice long setting up for NEOBTC. Refer to chart.
A drawn out double bottom @ the 0.786 fib level is what I love to see as a trader. I will be taking a trade at this level, targeting the red box range high. My only concern is the vpvr gap below, which would send us down another 10%. Nonetheless, I believe probabilities favour the bulls at this level.
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
A drawn out double bottom @ the 0.786 fib level is what I love to see as a trader. I will be taking a trade at this level, targeting the red box range high. My only concern is the vpvr gap below, which would send us down another 10%. Nonetheless, I believe probabilities favour the bulls at this level.
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
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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.
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.