Let’s take a look at the coins-NEIRO
【Yozu NEIRO trend analysis】
K-line pattern: The recent K-lines have shown an obvious upward trend, especially the sharp rise between October 6th and 8th. The price retreated after encountering resistance near 0.00188, but the overall price is still in an upward channel.
Technical Indicators: MACD: Both the MACD line and the signal line diverge upward, indicating that the current market is in a bullish market.
RSI: The RSI value is above 80, entering the overbought range, and there may be correction pressure in the short term.
EMA: EMA7, EMA30, and EMA120 are arranged in a long position, and the price continues to run above EMA7, providing strong support.
Trading volume: The trading volume has been significantly enlarged recently, especially after the price exceeded 0.0015, showing the active participation of funds. When the price is close to 0.00188, the trading volume shrinks slightly, and you need to be alert to potential selling pressure.
[Youzi recommends NEIRO for long and short reference]
Long order: 0.00155 (the price is pulling back to the previous support level and close to the support of EMA7)
Long order: 0.0015 (further pullback to a stronger support area, while approaching the round number mark)
Stop loss suggestion: 0.00145 (if it falls below the important integer mark and the previous low support, the trend may reverse)
Short order: 0.0019 (close to the previous high resistance range, there is a risk of selling pressure)
Short order: 0.00195 (entering a new pressure area after breaking through the previous high, taking profits in the short term)
Suggested stop loss level: 0.002 (after breaking through a new high, it is confirmed that the upward trend continues, and it is necessary to stop loss and leave the market)
Aggressive long orders can be considered, with long orders entering near 0.0016 and short orders entering near 0.001765.
The above is Yuzi's personal analysis. You decide whether to operate or not. You control the profit and loss of open orders by yourself. In addition, open orders are interval-based. Once they are in place, you need to make fine adjustments based on the real-time market. Having said that, don't blame the world for losing, and don't say anything when you make money😂😂
