Wait for the good entry -trade idea-

5 мая 2021 г.

Analysis: If we look at the chart of NEO its obvious that the 50DEMA act as a base (support) for the bullish trend on the daily chart. Right now the current price of NEO is trading above 25/coin from the average. Right now the best decision that you can made is to wait until the price go down to meet with the average in order to place a low risk long position from near the 75$ level. If the 50DEMA average is going to support the bullish trend the next potential top could be the 300$ level until the next correction or maybe it will be the top of the current bull run. Bitcoin is still hesitating to make another ATH so it will be a chance for NEO as well to test the average as well.

Trade: Buy - wait until market goes down to the 75$ level at least.
Entry: 72-75$
1st target: 150$
2nd target: 290$
S/L: 62$

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19 мая 2021 г.

Заметка

it will crash more, dont buy just right now. Maybe around 45$