Neo Mooning To...Next Target Is $26

The new thing in the crypto world is de-fi. We have seen a boat load of money pour into these de-fi coins in the last couple of months. And it makes since. People who are sitting on Bitcoin, Ethereum, etc. now have an alternative means to make some money while they HODL their crypto portfolio.

Neo want in on the action. NEO founder Da Hongfei has announced that DeFi protocol-based platform Flamingo is set to begin rolling out in September 2020. Flamingo will have features such as cross-chain asset gateway, synthetic stablecoins and automated market-making.

MY TRADING METHODOLOGY IN A NUTSHELL BELOW

I’m a supply and demand trader. The premise of supply and demand trading is when the market makes a sharp move up or down the large institutions i.e banks/hedge funds are not able to get their entire trade placed into the market, leaving pending orders to buy or sell at the zone with the expectation the market will return to the zone and the rest of their trading position will be filled.

I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.