NEO / BitcoinZaktualizowano

NEO-BTC

Hello

This is mostly a positional trade. The entry point is looking juicy and allows for a short-stop-loss and therefore less downside potential. We can see that the DMI rejected the bearish crossing. The MACD is pointing upwards and the RSI is still in a bullish-zone. We have seen 3 days of consolidation within a tight channel. The first major resistance with the number 38.2 Fibbo. Is a standard retrace move from the last high. The blue -zone on the chart is the entry-zone.

Goodluck
Zlecenie aktywne
Uwaga
By the fibbo retrace of last high I mean, the high on 28-02-18
Uwaga
Hit and break of first resistance
Uwaga
snapshot neo found rocket fuel
Uwaga
snapshot lets see if we can break up
Uwaga
We broke up
Uwaga
TP1 done. snapshot can re-enter the market if BTC keeps moving so will NEO. If your late entry shorter stop. I took profit last night and bought back this morning

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