Score = 10/12 1) Structure- Price at previous high support, fib support. / 2) Trend- Uptrend. / 3) Strength & Weakness- No sign of strength on bears. / 4) Future Trend Setup- Breakout up to 0.01. / 5) Indicators- i) RSI- 62 Uptrend. / ii) 20EMA- Uptrend, price above. / iii) MACD Lines- Uptrend, >0. / iv) Histogram- Sideway, >0. X 6) VSA- Volume ) Less volume interest in buying. X Spread) Indecisive on selling. / Price) Closed indecisive to bullish. / News) NEO is planning to host “China’s first DevCon” through March 2018 in conjunction with Microsoft. /
# Top 14 market cap from coincheckup # Buy Low Sell High # Breakout trade # Trail stop to breakeven - Not to lose money
Condition: 1. If price gaps up over my entry, I will adjust S1 to the open price for at least a breakeven. Reenter for a BOP trade. 2. If my entry is triggered with weakness or potential trapped, I will adjust S1 to the open price for at least a breakeven. Reenter for a BOP trade. 3. If no sign of strength and weakness on both sides, my order will remain. 4. If further weak selling is coming, I will find a better LWP for entry. 5. If strong selling follows, orders will be cancelled and reassessment is needed.