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Is $NEO already find it's floor yet. What is next target?Ranked #14 on coinmarketcap, NEO is one of the promising blockhain project which tend to be called " A China version of Ethereum". Do you agree with that? NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others. In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the technical part, you don't want to hold a good project with a bearish sentiment right? Based on trend line we drew, it's still a quite bearish, along with majority project in cryptosphere. One thing that caught our eyes is that the chart quite bottoming and stable for 42 days including today. Plus it was touching our latest green box support around 0.00195 and 0.0024. The bottom is in? Looking from the previous price action, we think so. RSI level bounce from 41 level as a support and ran north which a quite good sentiment and move towards the red cloud and our trend line as a sign a trend reversal.
Long
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$NXT /$BTC Long on this Accumulation Phase!You couldn't denied that NXT is one of the best pump dump series chart out there. Looks like right the 1000 sats hold up tight right now. NXT is part of Jelurida Family along with ARDR (Ardor) and IGNIS. These three are looking for great combination of blockchain network in the development. Unfortunately, the market not response really well towards their brand image and seen them as a pump & dump environment. Compared to Stellar (XLM) which is more stabilized in the longer run even in the bear market agains Bitcoin price, Jelurida Family seems really struggling to get back up or even hold a nice support. Now as you can see, looks like we've been thru a really tough bear season in the year of 2018 and looking for bull season. This is starting happening as XRP get pumped more than 100% in just 4 days that wiped out 12 weeks bear market. It's okay to give this family a chance to bring you money, we bet this support having a good R:R to try, especially NXT.
Long
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Expecting Ranging Market Continue on BTCWith all of these following dates to watch, we are expect ranging market still continue till 29th - 30th September this year. This opinion based on the market psychology where people are expecting a result after the decision of ETF. If it got rejected then we will entering bearish zone and if it approved we're looking to enter resistance area and even more, a higher chance for bull season. In this ranging market we hope you guys doing good and still making some money playing leverage on Bitmex or Bitfinex with resistance around $6300 and support $6150. If some volatility before that dates we will know that somebody already know the result. But after 8 months of bearish season, there is higher chance that people with large capital accumulating smartly at the bottom around $5800 - $6100. So by any means we really wanted to say that we're already find the bottom of this year. As JPMorgan predicting 2020 as the year of the next crisis, we probably will find volatility in our economy but it's good for Cryptocurrency environment, because Bitcoin was born from bear market. Well, this premise also have some contra facts but we hope the best happening for majority of people. Dates to be watched: - 19 SEP: CBOE XBT/U8 Future Expiration - 21 SEP: Direxion ETF Final Deadline - 23 SEP: Eqinox - 26 SEP: 11 MTGox creditor’s meeting - 30 SEP: CBOE VanEck / SolidX ETF Second Deadline Updated Bitcoin CME and CBOE expiration dates with the following important dates this month: - CBOE expiration 19th Sept - CME expiration 28th Sept
BITMEX:BTCUSD.P
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