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NEO is looking bullish within ascending triangle

Long
NEO (BITFINEX:NEOUSD)  
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BITFINEX:NEOUSD   NEO
Chart Patterns neousd bitfinex
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chartpattern neousd bitfinex
Just like other major cryptocurrencies, NEO is posting a fairly bullish chart, indicating potential break up to $10 levels.

Commento:
As seen in LTC, NEO's jump was halted by a resistance in NEO/BTC value as seen on chart below.

Given the bullish setups, we are either going to see this resistance breaking, or see a rise in BTC price to allow NEO to reach 10$ without breaking this NEO/BTC resistance.

snapshot
Commento:
This is why it's important to start closing the position some time before the target is reached, because the trend might change few % before the target.

Idee correlate

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