NEOBTC bullish on multiple Timeframes

There are several signs that indicate a bullish trend reversal on NEOBTC.
First - let's look at the 4H Chart. There is a long TD Supply Line that was formed by Level 3 TD Points. Below the Line is a bullish Divergence of Price vs. CCI. The current Candle already broke the Trendline to the up-side.
The Trendline-break and the bullish Divergence are strong Signals for going long - although the Price of the current Candle dropped further and moved below the Trendline. This might be an opportunity to get in early at a good Price.
The second Timeframe to look at is the Daily. We see a strong bullish CCIDivergence that is overlapped by a MACDDivergence, while RSI is in the oversold Area. RSI indicates a trend-reversal, but it is hard to say when this will happen, because it didn't find it's ground. But both Signals - the Divergence and RSI being oversold - are valid long Signals.
Finally, looking at the weekly Chart, it looks like Price might soon touch the longterm upward Trend/ Support Line as well as the EMA70.
Looking at those Signals this might be a profitable opportunity to get into a longterm uptrend.
The Profit Target that was calculated based on the R:R based approach (1:3) of the TD Lines Study, is a little above 0.00565. But assuming that this might become a very strong uptrend, I would aim for at least 0.01.

Commento:

Price perfectly bounced off the EMA70 on the weekly and crossed the R:R based profit target (0.00565) - this might become a really strong uptrend, so aiming for 0.01 still seems to be reasonable.