DLavrov

Neo Bullish Divergence

Largo
BITTREX:NEOBTC   Neo / Bitcoin
The price dropped to possible reversal zone formed by 2 support levels. A bullish divergence gives us a trend reversal signal. RSI confirms price reversal from one of the support level. MACD lines are going to support upward movement. We can join to a new uptrend at good levels. But if Bitcoin continues reaching new highs, this market will move lower. If the buy orders are not activated, we'll have to delete them and wait for a new trading opportunity. Entry level is 0.002600 with stop at 0.002210 level. Profit targets are 0.003200 and 0.004650 resistance levels.

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