Hello guys , today i will show you technical analysis with my ideas and knowledge about
NEO and USD . NEO coin is good coin and this project background so strong . NEO coin is 13 no ranking in coinmarketcap . today NEO trading information .
marketcap and volume so much good . if you want to invest in NEO , must do analysis your own knowledge . Because every person doing analysis Differently . so i try to share my own research and analysis to everyone .
this situation every coin going down. Because some days ago bitcoin and every altcoin going up, so remember bitcoin and all altcoin similarly Never rise upwards . When trader buy much more , after must Will be sold . so always buy stop loss , after take profit . Do not greed too much , Do Target , How much price do you want to sell .
I talked a lot , Now let's show NEO 4 Hour charts .
you can see this chart , NEO uptrend moment in 4h chart .this time if you want to swing trade , you can , FIB Retracement is good tools . first touch FIB Retracement 16.46$ level and again touch fib 16.46$ same level . and now still NEO playing same place . MACD crossing red color line . but RSI indicator showing uptrend . if you see in 1d chart , you can easily , what happen in price movement .
you can see NEO still downtrend . but now MACD slowly crossing red color line and going up . RSI showing uptrend . 2 most powerful indicator showing uptrend movement .
look more clearly 1d 2nd chart
price still going down , because bitcoin going down . but it will going up soon , if we are crossing FIB retracement 19.78$ level i hope price going to up very much. but still you need to waiting , if you want to buy NEO . so guys my suggest if you want to invest in NEO , you can buy 16$ to 17.50$ this level and hold long if you need to good profit .
but do analysis your own research , this idea just educational purpose .
i hope this article will be help you . If there is a mistake somewhere , You can tell me in to comment and if you like my idea please share to everyone for known :)
Guys we are Creat a Discord app Server for all cryptocurrency worker . this Server are only cryptocurrency related . you can earn free token from airdrop & bounty . we are share real and trusted airdrop & bounty . and you can discuss in Server about trading & technical analysis . so guys i hope you will be join our server .
Join Our Discordapp Server : https://discord.gg/zwvKwUr
Thanks
0 Comment:
Post a Comment