Neo Bullish Divergence

BITTREX:NEOBTC   Neo / Bitcoin
The price dropped to possible reversal zone formed by 2 support levels. A bullish divergence gives us a trend reversal signal. RSI confirms price reversal from one of the support level . MACD lines are going to support upward movement. We can join to a new uptrend at good levels. But if Bitcoin continues reaching new highs, this market will move lower. If the buy orders are not activated, we'll have to delete them and wait for a new trading opportunity. Entry level is 0.002600 with stop at 0.002210 level. Profit targets are 0.003200 and 0.004650 resistance levels.
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btc increased and it's going down again...
Looks like the trade is active again
you have helped me greatly thanks!
Very interesting, will monitor how this idea turns out. Thanks anyway!
this might make sense from a pure trend analysis perspective. but I guess first bitcoin's rally will continue, alts will dive, bitcoin will crash, alts will dive, bitcoin will stabilize, alts will rise. as always
+1 回覆
@maxp0wer, Bingo!
Buy NEO again???? No thanks, already bought at 0.00365 and look at the price now..
XEM never reached 3200
DGB never reached 250
the list goes on..
+1 回覆
DLavrov zoranrad
@zoranrad, I just gibe possible trading setups. Follow them or skip - it's only your choice. Also I give all trading ideas with stop levels, for cases if markets move against your trades.
+16 回覆
100xTrades zoranrad
@zoranrad, You have to use your own judgement. No one can hold your hand and make every decision for you. If you follow the market you know btc is forking soon and the futures market is being implemented. Hence btc is going to move up. When that happens alts fall. Grow up and stop crying. Dlavrov has made alot of good calls. You just need to learn how to use your own judgement.
+5 回覆
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