NEO / Bitcoin
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NEO with bullish divergence on the daily

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NEO has bullish divergence on the daily time frame on multiple indicators. Neo also had a bullish engulfing candle yesterday with a long bottom wick indicating signs of reversal. The outlook for the short term for Neo is bullish. This area also has a rather large high volume node as well as the point of control, so this would be a nice spot for Neo to reverse trend. The wave trend looks to be resetting, lining up for a bullish cross soon, and rsi is back to over-sold levels
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I stopped out, but have re-entered the trade today, we got a huge bullish engulfing candle as well, hopefully this is trend reversal but could just be a fake-out.

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I stopped the re-enter trade out with a profit of 15% or so. Currently looking bearish, I know alts are very oversold overall but could be in for even more downside people!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.