Antshares
NEO (ANS2)NEO went parabolic, a consolidation was what I was expecting. I could have drawn an elliot wave and razzle dazzled you with fancy indicators, but it's simple. Wait for a strong bounce off of a retracement, wait for some strong support and watch the volume. Also keep up with your fundamental analysis, crypto is hype sensitive. Any news could trigger price action. Crypto is still young and at a small market cap compared to all the other markets. 10 - 12 dollars would be a good entry for me but like I said, be patient and wait for confirmation.
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NEO / Antshares: Risky bullish tradeBe carefull on this one. The fundamentals and recent news around NEO is verry bullish, price action has already showed this. Since I think this is a very bullish market at the moment, only the slightes pullback from the recent highs would give some opportunity to buy at a better price and ride with the trend up. Short stops in case it does turn around.
ANTshares / NEO Symmetrical triangle BreakoutNot a lot to say about this at the moment. There are fundamental influences at work which have forced a break out of the symmetrical triangle to the up side. Standard target on this pattern is a measured move from the first bottom touch of the pattern to the top resistance line. A conservative take profit level would be at #1, where we see an extension of the lower support trend line off the first top touch of the pattern. A more aggressive profit target would be at #2, which is the typical termination level for such a trade. The green horizontal line on the chart represents my average entry.
ANS short term trade, looking bullishNeo/antshares looks like it wants to go antoher leg up. Not that much time left before 8.aug.
This is just a swing trade, you can also hodl ans/neo and become rich
buy my bags
t1-55-6
t2- 7-75
ANS/NEO Pennant and Symmetrical Triangle with BreakoutFueled by mostly fundamentals as a driving force, ANS broke the upper resistance line causing a breakout.