We can ride this uptrend all the way to the top, for as long as it goes, and collect profits along the way.
Let's take a look at the NEOBTC pair on Binance and see how we can profit from buying and selling this coin.
NEO Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
- signals all over this chart, coming out of each indicator.
- The SMA20 (green) line crossed the SMA200 (brown). This can represent the beginning of upward action.
- Strong candle yesterday. After consolidation, we can expect another strong breakout.
- The weekly chart is also becoming positive. After weeks of retrace, we are now looking to go up.
Buy-in: 0.00765 - 0.00900
NEOBTC Pair Targets:
Note: If the trade goes bad, the price level above is where you stop your loss.
Trade strategy: Aim for profits. Don't mind waiting if the trade takes time to develop. Any and every trade can take a few hours to start moving just as it can take few days or even weeks. Some long term trades can take months... That's how it all works.
Please allow time for this trade to develop. This is a massive coin.
Feel free to buy in, rebuy and reload.
NEO is now moving up strong.
Here is the chart:
You can sell when the alts go up, and rebuy and reload when they go down. Pretty simple.
Thanks a lot for your continued support.
i would luv your advice --
i have gone through some tough cycles especially last year a few times when i held too long and the BTC value took off and I lost a lot ... ---- as example -- i hold a lot of alt positions -- about 3 days ago b4 the bitcoin bull jump -- my ALTS were doing amazing especially against the bitcoin -- but over night it was about a 30 percent loss on many areas ! I've dealt with this in other cycles and always promise aI will get out in enough time but I don't pull out fast enough ! I thought we had another week and then I could buy back my positions ?
then again I know i need to get better with my stop losses -- unfortunately with the volatility i place my stop loss pretty darn low -- but regardless when it has a bid mid day dip -- boom im usually stopped out and i wish i could have made the stop loss tighter but of course wanted sum profits if they were to continue --- '
i can see im letting greed / emotions play a roll -- but I've got a hold on that especially after the many cycles over the year ..
i guess bottom line is getting perfect as can with profit taking !!!!!! im still getting better with that area !
thx for all your amazing work
i luv n respect it all