If you like NEO project, this is perfect time for you to refill. These are truly historical lows crumbling down from nearly $190
Potential investors should look at this trade carefully as this is a high risk trade in current market but due to it's low prices partial refill is sufficient until we see some serious breakouts within next few weeks.
Do not go over 20% into this.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Commentaire
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Still more drop to come I think, wait for full refill zone at support line
Commentaire
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This trade still has ways to go, but we will activate long term trade as price is just too good
With all due respect, it was only a year ago that the price was under $7
fiborazzi
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@aking414, true, but still seems like a good buy at this price, with daily RSI being so low across the board in crypto right now
timn91
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Let's assume NEO actually breaks the main support, where do you see the price headed after this? If BTC actually breaks below the critical 6k support, I'm almost sure we'll see $3,000 and there's just no way that NEO will hold steadily above $13 during those weeks of downwards movement.
crayola11
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@timn91, Thats my concern. Is if BTC tanks, what happens to these very cheap alts.
I agree that These great alt projects like Neo, Eth, EOS, OMG....all are at cheap levels, but what if BTC drops to sub $5800 and then what happens to the alts?
In past don't Altcoins follow BTC patterns in extremes? So if BTC drops some Alts will TANK, then when BTC starts rising in say Sep-Nov at earliest then it might be Nov-Jan before alt season returns? Or is my timing off?
MarxBabu
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For sure this is it
MagdyEl-Nidany
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More dips to come ?
Etch1234
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Thanks, I followed you. Your charts are nice and easy to read.