NEO / BitcoinLong
$NEO Preparing for a moon launch!
We see a lot of Alts took off except some, including NEO...
Bullish Points:
1. Kijun Kiss (let's wait for a crossover).
2. Senkou A is pointing upwards while Senkou B is Flat, indicating a possible future kumo twist.
3. Slightly Thick and flat Kumo cloud above price indicating a possible trend reversal.
Neutral Points:
1. Chikou Span is in the price range, but when we get a cross over it will go above price which is bullish.
Bearish Points:
1. %R is pointing downward but it is >50 so it is still bullish. however, we have not yet seen it turning direction which I assume that we may have a retest of Kijun-Sen or Tenkan-Sen.
We are going to take a long once price is inside the cloud and a cross over happened, or let's wait for the price to completely get off above cloud. Your choice, but personally, I would enter once a cross over happens and price is inside the cloud.
Bullish Points:
1. Kijun Kiss (let's wait for a crossover).
2. Senkou A is pointing upwards while Senkou B is Flat, indicating a possible future kumo twist.
3. Slightly Thick and flat Kumo cloud above price indicating a possible trend reversal.
Neutral Points:
1. Chikou Span is in the price range, but when we get a cross over it will go above price which is bullish.
Bearish Points:
1. %R is pointing downward but it is >50 so it is still bullish. however, we have not yet seen it turning direction which I assume that we may have a retest of Kijun-Sen or Tenkan-Sen.
We are going to take a long once price is inside the cloud and a cross over happened, or let's wait for the price to completely get off above cloud. Your choice, but personally, I would enter once a cross over happens and price is inside the cloud.
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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.