NEO and the numerical indicator

in neo •  7 years ago 

I've been pondering selling NEO for a while now but webbot was high on it so I've had a slow trigger.

At them moment though, it's a buy based on this indicator. After you get a 9 count, the trend is supposed to reverse. It doesn't always work of course, and there are many extentions of the indicator. Looking at the last green 9 though, that was a solid sell that panned out.

In the purple bar areas you get into a different facet of the indicator that I will not go into at this time.

So the facts are, this has been uptrending aggresively, hit a 9-buy, and is at support. If Dobe4ever was here, they might like it.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This setup didn't work out. I'm not sure if it is a sell or not. I'd at least wait for a bounce to .01 bitcoin ~42 dollars before unloading though. It could just be a larger consolidation that I originally thought.

Decided to keep holding and expect another big move up.