Ytc
1-2 Weeks Swing Idea (1-DEC until 11-DEC)If price reached RM 0.28 monitor use daily chart to confirm short downtrend is over or not.
INTRADAY IDEA (1-DEC-2020)Please use 2-hrs or 4-hrs chart, if a decent green bullish candle formed, breaks the downtrend line, go long . Set your own profit risk ratio.
NEOBTC Breakout TradeScore = 10/12
1) Structure- Price at previous high support, fib support. /
2) Trend- Uptrend. /
3) Strength & Weakness- No sign of strength on bears. /
4) Future Trend Setup- Breakout up to 0.01. /
5) Indicators-
i) RSI- 62 Uptrend. /
ii) 20EMA- Uptrend, price above. /
iii) MACD Lines- Uptrend, >0. /
iv) Histogram- Sideway, >0. X
6) VSA-
Volume ) Less volume interest in buying. X
Spread) Indecisive on selling. /
Price) Closed indecisive to bullish. /
News) NEO is planning to host “China’s first DevCon” through March 2018 in conjunction with Microsoft. /
# Top 14 market cap from coincheckup
# Buy Low Sell High
# Breakout trade
# Trail stop to breakeven - Not to lose money
Condition:
1. If price gaps up over my entry, I will adjust S1 to the open price for at least a breakeven. Reenter for a BOP trade.
2. If my entry is triggered with weakness or potential trapped, I will adjust S1 to the open price for at least a breakeven. Reenter for a BOP trade.
3. If no sign of strength and weakness on both sides, my order will remain.
4. If further weak selling is coming, I will find a better LWP for entry.
5. If strong selling follows, orders will be cancelled and reassessment is needed.
