Trade Recommendation: NEO | Hacked: Hacking Finance
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Analysis

Trade Recommendation: NEO

Posted on .

Trade Recommendation: NEO

Introduction

This article was posted on Saturday, 16:04, UTC.

The price bounced from the uptrend line and 0.008000 support level. RSI confirmed price reversal. After passing through the downtrend line we got a confirmation of further upward movement. We should place pending orders for buy above the high of the signal candle. Entry level is 0.009625 with stop orders below the support level. Profit target should be at the resistance level. The part of trading volume can be left for long run. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Buy: 0.009625
Stop: 0.007800
Profit Targets: 0.011500

The trading signal is based on Bittrex chart.

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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR Inverstor Clouseau

    Posted on 4:17 pm August 13, 2017.

    Im waiting for EOS under 30$ i don’t care how long I have to wait.

  • user

    AUTHOR apdcbuysell

    Posted on 5:49 pm August 13, 2017.

    Are these recommendations one decimal point off? Buy @ 0.0009625 vs 0.009625

  • user

    AUTHOR birmas

    Posted on 6:09 am August 14, 2017.

    any updated price points here guys? neo has exceeded these already – looking to stop loss 50% of my neo – thanks

  • View Comments (3) ...
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    The price is going to bounce from 46.00 support level.…