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NEO / TetherUS
Short

NEO looking weak

By NathanielEverett
Updated
Closing below the 10ema, MACD crossover and looking to close under the daily trend. Three bearish indicators. I am going to exit out of my position and look for a re-entry 112-100usdt. Using this as an opportunity to accumulate NEO for the long term!
Comment
If volume starts moving in and we break above 160$ I may re-enter
Comment
Some volume coming in, possibly rising in proxy to BTC surge. Lets see if NEO continues to rise BTC
Trade closed: target reached
Decided to deviate just a hair from my target and jumped back in at 115, as we appeared to be oversold in the short term.Still good profits from a sell at 140 and a re-entry at 115. Looking at this as a scalping opportunity, and will sell again after a bounce up to look for a solid entry for the longer term.
Comment
Scalp bought at 115 and sold at 121. Also reached for a "Long" re-entry
Trade closed: target reached
Technical IndicatorsTrend Analysis
NathanielEverett

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