NEIROETH LOOKS BULLISH (NEW UPDATE)This analysis is an update of the analysis you see in the "Related publications" section
This meme coin is risky and has a lot of volatility
The supply zone specified in the previous analysis rejected the price more than 20% last time
But now with the good news we have for crypto and the state of major indexes, it seems that this scenario is happening.
We have an ABC where wave B was a diametric that ended.
The wave B trend line has been broken and the price is retesting this trend line.
By maintaining the green range, it can move towards the targets.
The red box range is a strong and important supply.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Neiroethbtc
NEIROETH NEW UPDATE (BEARISH)This analysis is an update of the analysis you see in the "Related publications" section
This meme coin is risky and has a lot of volatility
The previous setup is canceled
Based on the timing of the F wave, it appears that the F wave is just ending
Also, the price has hit a supply range and a bearish trend line.
This view is more correct for NEIROETH.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
NEIROETH is not bullish at the moment!Note: This is a MEME COIN, it is highly volatile, control the risk.
Examining the structure, it appears to be in a major correction, which is now in wave C of this correction.
Wave C looks like a FLAT, we are now at the end of wave C of this flat.
It can move down while maintaining the red range.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You