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fitzpa59

NEO Strong support, buy at $27 and hold

Long
Neo / Tether (BITTREX:NEOUSDT)  
fitzpa59 Aggiornato   
BITTREX:NEOUSDT   Neo / Tether
Trend Analysis Chart Patterns Beyond Technical Analysis NEO neousd NEOUSDT NEOBTC neobulls
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trendanalysis chartpattern beyondta neo neousd neousdt neobtc neobulls
NEO has shown a ton of support at $27. Without China risk, NEO stays above $27. Negative China risk seems exhausted, positive China news will be a huge catalyst for NEO. Buy at $27 for day trading or a longer term position, good buy at that price.
Commento:
The 0.5 retracement level seems to be shutting down NEO rallies. However, this coiled spring is bound to pop sooner or later. If NEO pushes through the $34 with significance then a push to wedge top at 0.618 level is a reasonable TP level, set $2 trailing stop at $33.
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