Hey, I am back with another Analysis, this time looking at NEO.
So a week ago I made a big analysis on NEO/USDT
Where I have stated that when NEO Breaks 20$, it should be a ride up to around $30 before first good correction.
So the price have broken the $20 level, and it's still breaking out.
I am in since 18.5$.
Currently the price of NEO is in a falling wedge which is a bullish pattern.
Indicators.
EMA's = Uptrend.
RSI = Found bottom
MACD = Seen strong and currently is in weak selling wave.
There can a retest of $20 which would be the tip of the wedge.
Good luck with this trade! First resistance is $23.
Cheers,
Tibor
So a week ago I made a big analysis on NEO/USDT
Where I have stated that when NEO Breaks 20$, it should be a ride up to around $30 before first good correction.
So the price have broken the $20 level, and it's still breaking out.
I am in since 18.5$.
Currently the price of NEO is in a falling wedge which is a bullish pattern.
Indicators.
EMA's = Uptrend.
RSI = Found bottom
MACD = Seen strong and currently is in weak selling wave.
There can a retest of $20 which would be the tip of the wedge.
Good luck with this trade! First resistance is $23.
Cheers,
Tibor
Nota
NEO has broken out from the wedge, now has to break $21.32 level. This will be an overextended breakout. 
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Declinazione di responsabilitÃ
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.