NEO (neo-usdt) IS AT THE BOTTOM ? Quick BUY strategy!
Might be the time of the Matrix, when the decision between the 2 pills would made the movie a success or a cult.. we had the cult..so what's the crypto currency NEO future!?
A drop to 16.2 $ area as been confirmed 3 times and the descending channel started on the 7th sept, after a quick recovery from the 5th sept, has touch 20$ , 18$ and 17$ usd area,
now might be the time for the bulls to kick in, we can expect a last drop to the 15$ area , followed by a recovery that could give the signals for the buyers, we recommend an entry on the 15$-18$ area , with a sell target beetwenn 20.9 usd and 21.75$ that might create some resistance. The moving averages crossed on the 4hours chart today, this could be another interesting signal.
This this a 4 hours chart analysis with a quick swing trade strategy, we recommend to double check the resistance level and the descending support line, if the volume changes, in order to justify the entry has to be a full sold out and will definitely have some deep market charts signals as well.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
A drop to 16.2 $ area as been confirmed 3 times and the descending channel started on the 7th sept, after a quick recovery from the 5th sept, has touch 20$ , 18$ and 17$ usd area,
now might be the time for the bulls to kick in, we can expect a last drop to the 15$ area , followed by a recovery that could give the signals for the buyers, we recommend an entry on the 15$-18$ area , with a sell target beetwenn 20.9 usd and 21.75$ that might create some resistance. The moving averages crossed on the 4hours chart today, this could be another interesting signal.
This this a 4 hours chart analysis with a quick swing trade strategy, we recommend to double check the resistance level and the descending support line, if the volume changes, in order to justify the entry has to be a full sold out and will definitely have some deep market charts signals as well.
Hope this will inspire some new ideas, don't forget to hit the like/follow button if you feel like this post was helpful, that's the best way to support us and our work.
Happy trading days
C-Monkeys
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.