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Woolhead
4 gru 2017 20:45

Pennant forming: NEO breakout Long

Neo / BitcoinBittrex

Opis

Neo will breakout soon, it double bottomed. Will test resistance that coincides with fibonacci retracement, likely pull back after that. Perhaps it will bounce back up to reach target 2.

Komentarz

Forgot to add: in case the market turns really really bearish and the support line breaks: 0.002 is the next supportline. Stoploss around 0.003 for safety.

Komentarz

We're on the verge of it bouncing off support or crashing through. Very curious what this candle will do.

Komentarz

Stop loss at 0.0025 in case support breaks. Buy upon 1 candlestick confirmation that it bounces off support.

Komentarz

Support broke. Buy opportunity at 0.002 soon.

Komentarz

It indeed hit 0.002, then broke out of pennant upwards, bounced off 0.382 fibbonacci. Now it will likely go to 0.236 until it can go to 0.618

Komentarz

Close to hit 0.0084. Expect pullback before it attempts to go to the 2nd target.

Komentarz

If it closes above 0.0084, strap yourselves in for 0.0114.

Zlecenie aktywne

TARGET REACHED, I did it guys! It may move to next target if candle closes above 0.012

Zlecenie aktywne

It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.

Komentarz

THIRD TARGET REACHED. Expect pullback: overbought.
Komentarze
mazzydan
Neo has so much potential and by the time most people realize it, it will be as expensive as ETH/XMR
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