NEO
Mis à jour

NEO/USD - what could potentially be expected

1057
Simple idea. Note that I didn't keep the timing of the market in mind. This can develop over a longer time frame.

A wick below the uptrend to the lower 20s is still possible in order to provide liquidity. As long as it's a wick and the daily closes above the uptrend, this idea stays valid.
Note
I am a long term type of person, so I am able to filter out any sentiment.
For those wondering wether now is a good time to buy, technically the short answer is yes.
This is your 2nd best entry after the July correction. I am not able to call the ultimate bottom, but slowly averaging at these prices is not a bad idea.
Remember sentiment changes quick in this space.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.