Short

Short torm short on NEO

Zaktualizowano

I went short on NEO at 45.5, It will probably drop some more before going up again. Almost every coin does that after a pump, only exeption now is IOTA. So a low risk trade

Stop is todays high, target is 43 but probably even 40 at least

Uwaga

This H&S should fail!

Uwaga

Wich way will it break out, acceleration will come, volume is dead and will increase.

Uwaga

Looks like it's breaking out, but the volume is missing. If volume increases i will cut my losses, otherwise the daily high is still my stop

Uwaga

its the same the other way around, olthough volume in a decline is less important. Volume in rising prices means conviction, so without volume its temporarly

With the low volume it made a false outbreak on the upside, but as you can see without conviction it dropped right below it again and even under ut now. If it get below the 43 than expect 40 as the next target. But keep in mind, this is just an correction in a clearly impulse wave up, so only short trades. No room for hoping it will loose 80% of its gain like most alts do lately

Uwaga

quick retrace back to 43, now second wave?

Uwaga

I have closed half on 42.5 good 10% in a few minutes after waiting patiently

Uwaga

next wave to 40 and probably even 38. I have lowered the stop of rest of my position to 44

Uwaga

If it breaks and accelerate with volume, than almost certain it will to around 38

Uwaga

I am out at 43, its getting to much support it seems

Zlecenie zamknięto ręcznie

Uwaga

It is in a downward triangle, As you can see it had a false outbreak down and also one on the upside (the cirled sections). Both of them with volume. So chances are bigger it will break upwards and continue the strong rise in price from the 29 level. It can also break downwards ofcourse. Ideal would be a breakout, than a pullbak or retrace and that it than continues. If it does i will enter a short or a long trade again

Uwaga

Lets see if they can keep it under 41 this time

Uwaga

Looks like the sellers are going to win this time, it should stay below 41.50

Uwaga

Now i expect a retrace to 40/40.5. Than it should drop again

Uwaga

bearish flag, it could drop now or probably towards the 40/40.5

Uwaga

I am out at 38.2, it could to 36 also

Uwaga

For the ones that did not get out yet, it can still drop to 36, but the bottem could have been set already. it should not get above 40 to stay negavtive, and above 42 its bullish again

Uwaga

probably headed to 42

botje11

Również na:

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.