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I scanned through 300 cryptos and didnt find much to buy for a good price, but there was exception called Neos Coin.
Here is the daily chart:
Comment: Neos Coin has been heavily oversold for some time but it looks like it is moving back up again. The good thing with this trade is that we do have a stochastic divergence. We had a higher low on the stochastic but at the same time we made a lower low on the price. I love these setups, they will give you a great entrance.
Also, we now have a stochastic above 20 which is important and in the right area so it is time to buy. But as always, you should have a tight stoploss and in this case that should be around 0,000069 BTC.
When it comes to the entry price, I would try to get in between 0,00007-0,000076 BTC.
Happy trading!
