SHORT - DRGN - Trading OpportunityFTX:DRGNPERP tried to break ATH resistance, seemed to succeed but has now broken down below support, retested it and continued to go down, will probably go back to previous supports. This is also an index based on a few chinese altcoins, and with the market being in a place where it's hard to gauge what's going to happen next, this probably is going to take a huge hit if things go south.
Entry: 1189.2
Target 1: 1078.8
Target 2: 993.2
SL: 1240.6
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Chinesecoin
NEOUSDT: Buying a pullbackLonged Chinese Ethereum targeting resistance ~ $13
If you take a look on the chart you'll see that NEOUSDT is very often has a buyback on a daily from the current zone ($10.5 - $11).
Information is just for educational purposes, never financial advice. Always do your own research.
NEO- Pump and Dump!NEO outperformed a lot from when President Xi's announcement has been published!
What to expect from the chart technically?
- Tested Major Resistance line and sitting at correction stage.
- I believe we are in A stage of A/B/C correction.
- Where's support? Probably the white dot line we will test as a support.
Be prepared for Q4 of 2019.
Hope you guys make good money and have a plan for trading always!
Thanks for your likes and comments.