THE REBALANCING OF #NEIROETH'S MARKET STRUCTURE: WHAT COULD HAPPEN?
There are several buying orders that have been made after NEIROETH has strongly rebounded from its major support. Although, we have considered the possibility for this altcoin to get rejected. This has stayed true with the fact that the current scenario it's showing is a correction. In the event that this altcoin takes more than half of the buying orders that happened at the top of its resistance. We can safely assume that another discounted price will be provided. This is how the market usually revolve around doing market shortage, surplus and equilibrium.
#NEIROETH POTENTIAL FOR MORE THAN 10% DECREASE AFTER OCTOBER?
We have noticed a significant respect for NEIROETH's resistance made by sellers. There are waves of sell orders set upon the foundation of NEIROETH's market resistance. With our trading decision, we were able to see significant gains from the failure to swing high of this altcoin. Furthermore, there will still be a possibility that a breakdown below 0.055 may happen for this altcoin. Observation should still be done before taking the final conclusion of this altcoin.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.