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.
Don't forget----before NEO pumps--- it has to ask, "Bitcoin may I?"
birarakisarap
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jeez, neo again? last time i listened your call on neo i lost %30 of capital. forget neo, it will never go back its glorious days in Summertime.
themomentum
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@birarakisarap, you lost because of very weak hands not his call
maxp0wer
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@birarakisarap, me too, shit happens, at least we had a stop loss in place
maxp0wer
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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
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..
DLavrov
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@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.