Long

Republished NEOBTC long analysis

Updated

I made a chart of this exactly a month ago and I decided to update it a little, since it's still relevant. All info is in the chart itself, including targets and stoplosses. Happy trading folks!

If I made you some money, feel free to send me a beer:

LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs

Note

Neo will test support at 0.004751.

Note

80k big resistance. If it closes above 0.82, then the trade will be active.

Trade active

Candle closed above entry point. Trade is now active, heading for target.

Note

NEO is now overbought. Expect a small pullback. Shouldn't break 0.078.

Trade active

FIRST TARGET REACHED! If candle closes above 0.012 it may go up to the next target.

Trade active

It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.

Note

SECOND TARGET REACHED. I'm expecting pullback. Overbought.

Woolhead

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