Neousdt Trading opportunity

Price is trading around very strong resistance which also acting as a NECKLINE.
If a retracement happen from here then we should expect the NEO to form inverse SHS with the Right shoulder turn to be a perfect BUY BACK zone.

But at same time considering the general market sentiment, full attention should be placed on the Neckline, because if price breakout from here, will generate a big rally where the neckline pullback will be a good LONG entry.

Thanks

Trade chiuso: obiettivo raggiunto:

Neo just did it nicely. Great call, Remember to join us on our live trading.

Trade attivo

Trade attivo:

After achieving immediate target zone, price went back to re-test major demand area which give massive and expected bounce. This update provide new entry zone for the coin.

Trade attivo