NEO - Another Altcoin Breaks Out (223% Earnings Potential)
Updated
NEO, another one of the strongest altcoins within the cryptocurrency markets, have broken out and is now trading in a new uptrend.
We can ride this uptrend all the way to the top, for as long as it goes, and collect profits along the way.
Let's take a look at the NEOBTC pair on Binance and see how we can profit from buying and selling this coin.
NEO Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
Daily chart:
- Bullish signals all over this chart, coming out of each indicator.
- The SMA20 (green) line crossed the SMA200 (brown). This can represent the beginning of upward action.
- Strong bullish candle yesterday. After consolidation, we can expect another strong breakout.
- The weekly chart is also becoming positive. After weeks of retrace, we are now looking to go up.
TRADE INSTRUCTIONS
Buy-in: 0.00765 - 0.00900
NEOBTC Pair Targets:
MID-LONG
(1) 0.00957
(2) 0.01172
(3) 0.01325
(4) 0.01520
(5) 0.02082
Stop-loss: 0.00656
Note: If the trade goes bad, the price level above is where you stop your loss.
Trade strategy: Aim for profits. Don't mind waiting if the trade takes time to develop. Any and every trade can take a few hours to start moving just as it can take few days or even weeks. Some long term trades can take months... That's how it all works.
Namaste.
We can ride this uptrend all the way to the top, for as long as it goes, and collect profits along the way.
Let's take a look at the NEOBTC pair on Binance and see how we can profit from buying and selling this coin.
NEO Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
Daily chart:
- Bullish signals all over this chart, coming out of each indicator.
- The SMA20 (green) line crossed the SMA200 (brown). This can represent the beginning of upward action.
- Strong bullish candle yesterday. After consolidation, we can expect another strong breakout.
- The weekly chart is also becoming positive. After weeks of retrace, we are now looking to go up.
TRADE INSTRUCTIONS
Buy-in: 0.00765 - 0.00900
NEOBTC Pair Targets:
MID-LONG
(1) 0.00957
(2) 0.01172
(3) 0.01325
(4) 0.01520
(5) 0.02082
Stop-loss: 0.00656
Note: If the trade goes bad, the price level above is where you stop your loss.
Trade strategy: Aim for profits. Don't mind waiting if the trade takes time to develop. Any and every trade can take a few hours to start moving just as it can take few days or even weeks. Some long term trades can take months... That's how it all works.
Namaste.
Note
Consolidating / accumulating.Please allow time for this trade to develop. This is a massive coin.
Feel free to buy in, rebuy and reload.
Trade active
We just hit our first target.NEO is now moving up strong.
Here is the chart:
Enjoy...
Namaste.
Note
We are holding until Bitcoin calms down and the alts decide to continue their climb up. It is a very simple wait.You can sell when the alts go up, and rebuy and reload when they go down. Pretty simple.
Thanks a lot for your continued support.
Note
We should see good action for this and many of our other Altcoins after the Consensus 2018 (May 14-16).Namaste.
Note
You can find our latest NEOBTC trade here: ![[NEOBTC] NEO's Turn For Profits [400%+ PP]](https://s3.tradingview.com/a/AdwwyiI9_mid.png)
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