NEO about to launch?

2018年9月16日

Increased activity on NEO suggests that buyers are accumulating positions in anticipation of a breakout move to the upside.

Accumulation at support at .002730
Stoch RSI is OVERSOLD

4hr Chart
False break of support, which is a bullish sign



1hr Chart
1hr pinbar rejecting support




Trade Management
Enter: Up to 2730
TP1: 3314 (20%)
TP2: 3910 (43%)
TP3: 4400 (60%)
TP4: 4900 (79%)

As usual, this assumes that BTC continues moving higher. If BTC slumps again, most alts will also take a dive.

Good luck!

2018年9月18日

註釋

Price has taken a drop in-line with Bitcoin and has now broken below the short term support line.

Expect price to retest the resent low at 2430.


Price will likely head to the descending channel low that is more clearly seen on the 4hr chart.

2018年9月18日

註釋

2018年9月18日

註釋

So for now we wait until the a test of the lower channel.

2018年9月19日

交易進行

A lot of volume activity starting to happen.

Trade opened at 2715

2018年9月19日

註釋

I noticed that there is highly confluent resistance around 3900 so take profits slightly before this level.

- Previous SR
- Fibo 38% retracement
- 50 MA