Neo will breakout soon, it double bottomed. Will test resistance that coincides with fibonacci retracement, likely pull back after that. Perhaps it will bounce back up to reach target 2.
Kommentera
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Forgot to add: in case the market turns really really bearish and the support line breaks: 0.002 is the next supportline. Stoploss around 0.003 for safety.
Kommentera
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We're on the verge of it bouncing off support or crashing through. Very curious what this candle will do.
Kommentera
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Stop loss at 0.0025 in case support breaks. Buy upon 1 candlestick confirmation that it bounces off support.
Kommentera
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Support broke. Buy opportunity at 0.002 soon.
Kommentera
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It indeed hit 0.002, then broke out of pennant upwards, bounced off 0.382 fibbonacci. Now it will likely go to 0.236 until it can go to 0.618
Kommentera
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Close to hit 0.0084. Expect pullback before it attempts to go to the 2nd target.
Kommentera
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If it closes above 0.0084, strap yourselves in for 0.0114.
Handel aktiv
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TARGET REACHED, I did it guys! It may move to next target if candle closes above 0.012
Handel aktiv
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It's going for 0.014, which is the next target. Since it's really overbought now, I expect a pullback to 0.0114 before it may continue to climb again.
Kommentera
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THIRD TARGET REACHED. Expect pullback: overbought.