Looking to enter NEO, here are my ideas on taking a long position. My buy point is approximately 0.00710000. As I am new, feedback is appreciated.
Resistance at 0.618 Fib level drawn from 0.00014200 Low/0.01402755 High on 1 Day charts. Entry point based on 0.5 fib level at 0.00708478.
Possible completion of correction wave. Slightly elevated RSI, with limited support/volume of current bull trend as indicated by SMA/EMA and MACD
Price is breaching upper BB
Will check trend line in a few days.
Resistance at 0.618 Fib level drawn from 0.00014200 Low/0.01402755 High on 1 Day charts. Entry point based on 0.5 fib level at 0.00708478.
Possible completion of correction wave. Slightly elevated RSI, with limited support/volume of current bull trend as indicated by SMA/EMA and MACD
Price is breaching upper BB
Will check trend line in a few days.