NEO Coin Has Formed Bullish BAT And Ready To Move Up For Upto 71% Big Profit

NEO Coin Has Formed Bullish BAT And Ready To Move Up For Upto 71% Big Profit

By moon333 | moon333 | 10 Mar 2020


Hi guys and gals hope you are well, on 2 day chart the NEO Coin has formed bullish BAT pattern and entered in potential reversal zone to move up.

 

Lest’s dig the pattern deeper to see how perfect this pattern is formed:

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Click here to visit tradingview for compete chart

After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg.

 

 Buying And Sell Targets:

The buying and sell targets according to harmonic BAT pattern should be:

Buy between: $9.69 to $8.80

Sell between: $11.83 to $15.05 

 

Stop Loss:

The potential reversal zone area which is up to to $8.80 can be used as stop loss in case of complete candle stick closes below this level.

 

Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own reaserch before any investment.


moon333
moon333

Hi, My name is Atif Akbar and I am trading charts author of all kind of assets


moon333
moon333

Hi my name is Atif Akbar and I am one of the top 3 authors of cryptocurrency trading charts as per tradingveiw I publish there with my username moon333 to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ I also publish the charts of different other assets like forex, commodities, CFDs Stocks e.t.c. Here you will find perfect predictions on different trading assets.

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