Ethereum Classic and NEO position + short TA

in #cryptocurrency6 years ago (edited)

After I took a loss with my OmiseGo position, I waited to see where the trend went and finally entered a double position on Ethereum Classic and NEO.


Good gains so far!

etc neo position.png

ETC/USD daily chart:

  • we bounced at the 30 RSI mark again
  • ETC didn't have a bearish Tenkan cross (blue below red), it's actually one of the few coins that are holding very good
  • we had an attempt to break the 0.618 fibonacci retracement, but it didn't succeed

Click here to enlarge the image

etc bounce.png

NEO/USD

  • Neo is still way too oversold, it bounced at the 20 RSI mark
  • Ichimoku is confirming the bearish trend
  • 15.5$ is a strong support for us, we closed 4 consecutive days there

Click here to enlarge the image

neo.png

steem --- line.png

These are some of the exchanges I use:

Bitfinex - my most used exchange
Binance - most popular exchange
Kucoin - excellent exchange, rising in popularity
Gate - for small cap / new coins
Huobi - margin trading


ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!
NEVER HAVE THE SAME PASSWORD TWICE!
SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! MANY GOT FOOLED AND LOST A LOT OF MONEY!

mywolf.gif

steem --- line.png

Thanks for reading and safe trading!

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
ETCEthereum Classic14.015$13.22%-6.91%
ETHEthereum291.440$-2.44%-19.88%
GOTGoNetwork0.135$-7.46%-43.06%
NEONEO16.628$-2.81%-25.52%

Almost right

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