NEOBTC on the move?

26 באפר׳ 2018

Strong candle rejecting the bears above the 55EMA. divergence on RSI spotted yesterday is now confirmed and there is a strong support trendline on the RSI oscillator. I believe the Target price will be 0.008521 - extracted from first wave fib retracement.

27 באפר׳ 2018

הערה

Failed attempt of the bull which result in price going lower the 55 ema.

NEO seems to be ranging (confirmed by ADX <20 and ATR decreasing)

Didn't close my trade yet since it is still above my stop order and i remain bullish although the fail elliott wave attempt. if i was not in this trade, i would trade the range 0.008100-0.008230