Follower's question: I am thinking of holding Neo for the night with a sell order at 155$ from a TA point of view, good idea or not?
Short answer: Yes, this is a good idea.
Long answer: I believe that NEO is a safe place to park your satoshis since we have many indications of NEO being in a sustained bullish trend...MACD, RSI, and TTM squeeze all confirm this, and although there is an issue of the RSI showing NEO to be oversold, we have support of the trend showing in our Ichimoku cloud indicator. Beyond this we can see that NEO has performed extremely bullish in spite of BTC price fluctuations the past 4-5 sessions. I would recommend NEO as a safe haven at this time.
Short answer: Yes, this is a good idea.
Long answer: I believe that NEO is a safe place to park your satoshis since we have many indications of NEO being in a sustained bullish trend...MACD, RSI, and TTM squeeze all confirm this, and although there is an issue of the RSI showing NEO to be oversold, we have support of the trend showing in our Ichimoku cloud indicator. Beyond this we can see that NEO has performed extremely bullish in spite of BTC price fluctuations the past 4-5 sessions. I would recommend NEO as a safe haven at this time.
4Hour