Accumulation zone

BITTREX:NEOBTC   Neo / Bitcoin
As is evident from the price action, Neo has entered a ranged trend and is probably in the accumulation zone. Mind you, this is based on a 4h chart, hence the time span of the accumulation is likely to be a few days, and the price can still go down after that. Especially if there is no upward movement driven by new developments in the Neo camp, people who bought high or are expecting quicker profits may sell off their holdings to re-invest in other coins.

In support of the ranged market, we have the 4h Gann fan suggesting we entered a very tepid downtrend. The price is also hovering below the ichimoku clouds , which creates a resistance zone equal to the Fib level of 0.3, also supported by the previous high. The support line lies in the area of 0.5 on Fibinacci, supported by the previous low. Stoch RSI and ADX point indicate a sideways trend.

This may be a good buy zone for the next 3-4 days if you would like to accumulate some Neo. A price closer to fib 0.5 is preferable.

Some lines to watch for are the downtrend channel (black lines) and the overall uptrend line (another black line going upwards on the chart). They don't seem to be that important at the moment, though.

Thoughts? Ideas? Have I overlooked anything?
評論: Sorry for the loaded chart.
I also see an accumulation and a potential to blow up. NEO currently staying above $40. Potential to hit $50 or unlock $31.6 bid wall to reach $50.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出