NEO / BTC Price pivot points. Potential +12% / + 40%

30 พ.ย. 2019

The chart showed potential more likely movements depending on the retention / breaking of support / resistance levels.

The chart showed potential more likely movements depending on the retention / breaking of support / resistance levels.

It is important to say that now it is a very important area for observation, an almost ideal entry point, the first movement + 12% to the level of 0.00136. If the price cannot overcome the resistance level, the right shoulder of the "Head and Shoulders" figure can potentially be drawn. Next, observe how the level of the “Neck” of the figure will be held.

Another situation, if the price successfully overcomes the resistance level in the region of 0.00136, this gives the potential for the price to move to the level of 0.0015-0.0017. And this is + 40%.

Target:
1) 0.00136
2) 0,0015
3) 0,0017

Stop Loos - below the support level of 0.00117 -0.00118

Entering the market now, or you can wait a bit when the price consolidates in lateral movement near the support level of 0.0012
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I accompany the price movement on this coin for about 2 months.

The first trading idea on October 8
NEO / BTC Falling Wedge. Lateral movement inside the wedge.

The second trading idea after breaking a wedge.
NEO A pennant is forming. Price in the corner. Potential + 45%

Profit amounted to + 70% since the publication of the first idea