NEO - mixture of signals
Aktualisiert
NEO is looking interesting to me at the moment; a great looking chart.
On the 4h chart we have a change in trend with a higher high proceeded by a higher low (bullish).
Then followed by a double top with a divergence in rsi and lowering vol (bearish).
At the time of this chart we could be making a perfect Larger Double Bottom (bullish).
If it breaks the blue line we could see a drop to the last support (0.001316). 7%
If it bounces we could see it go to the last resistance (0.001558) 10% or possibly more because of such a long downtrend.
Thoughts are welcome!
On the 4h chart we have a change in trend with a higher high proceeded by a higher low (bullish).
Then followed by a double top with a divergence in rsi and lowering vol (bearish).
At the time of this chart we could be making a perfect Larger Double Bottom (bullish).
If it breaks the blue line we could see a drop to the last support (0.001316). 7%
If it bounces we could see it go to the last resistance (0.001558) 10% or possibly more because of such a long downtrend.
Thoughts are welcome!
Anmerkung
It ended up breaking the blue line to the downside, at the same time btc had its push. Btc up by 9% and Neo had a fall of 3% but has recovered back 2% of that. Always have to keep an eye on btc as it can crush the alts.Not what I hoped for but still a pretty clean chart.
Anmerkung
tradingview.com/chart/hka6orpc/Anmerkung
Ended up going up 16% percent from the blue line, passing the target by 5%.It did fall after the inital post, which was noted in the update.
tradingview.com/chart/hka6orpc/
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.