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AroDnap
9. Nov. 2017 02:35

NEOUSD short-term pennant pattern and downward trend breakout Long

NEO / DollarBitfinex

Beschreibung

NEO rose about 25% yesterday. And now it broke 84-day downward trend!!


This is a long-term approach.
If the price movement follow this long-term trend, it can reach about $ 100.

So I will buy it when neo breaks the pennant pattern upward.
Kommentare
Matrixdecoding
wil it go up? it looks like it hits the support.
AroDnap
@su.karaca38,
It depends on the bitcoin.
I think the selling of bitcoin is stronger than I thought.
yeshuyesh45
TP 1 reached can we expect any pull back ? Or TP2 ?
AroDnap
@yeshuyesh45,
Each TP is a point of resistance at which a pull back can occur.
This is why I usually sell 1/3 at TP1 and I sell the rest volume at a higher TP.
UnknownUnicorn1275014
@AroDnap, Pullback seems to have started, confirm? Support?
AroDnap
@thisisfabiop,

It is clear that the price is raising the bottom.
In this respect, neo is not missing the timing of the rise.
Now we can think of pattern variations as well.

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