NEO! Breakout soon!??
Hello traders,
After the inverse head and shoulders breakout for Tron and Bitcoin, some of the big caps like NEO or XRP has not reached recovered from the recent crash.
Looking at the 4 hour chart for NEO, we see that inverse head and shoulders pattern has completed and waiting for the bearkout confirmation. There was a false breakout wick earlier, but it was soon rejected by the high selling volume. I still think we will see breakout in next couple days, and the target for this trade is around 64000 Satoshi range (7% profit) for now.
Happy trading!
After the inverse head and shoulders breakout for Tron and Bitcoin, some of the big caps like NEO or XRP has not reached recovered from the recent crash.
Looking at the 4 hour chart for NEO, we see that inverse head and shoulders pattern has completed and waiting for the bearkout confirmation. There was a false breakout wick earlier, but it was soon rejected by the high selling volume. I still think we will see breakout in next couple days, and the target for this trade is around 64000 Satoshi range (7% profit) for now.
Happy trading!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.