D4 is back with a cute, little signal for you guys. Let us jump right in. We are here taking a look at the 4h NEOUSD Chart!
As you can see, NEO has not really fared well lately. After it's Cycle 1-5, it had a 78,6 % Retracement, which is a lot. At this moment we are just above the 50 % retrace. A descending has formed, which is a sign. It basically means, that the bears are losing momentum.
D4 will encourage you guys to monitor the chart closely. If a candle breaks out of the , with good , you can enter a trade. Please pay attention to the . A cross is a bout to happen, and we will probably soon go into an uptrend.
The is also starting to point upwards. And we have plenty of space to go to the moon.
When we are talking riskreward-ratio you can for instance set it to 10 % win and a 2 % stop loss with the EMA200 as support. Then we only have to be good here 1 out of 5 times in the long run before it's +EV trade.
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PS. The trade is NOT open yet. Always wait for confirmation.
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1. NEO is not decentralized yet. They are still talking about it even after 6 months.
2. The code isn't designed to handle even a single, benign failure even though
3. So, the whole *purpose* of a Byzantine fault tolerant consensus algorithm is to be *tolerant* to Byzantine failures.
What do you guys think. ?