NEO USDT Triangle in a uptrend channel

NEO USDT is moving up in a channel and have formed a symmetrical triangle in the lower time frames. Target: upper part of the channel (about 15.30) if breaking up. 10% move approximately. Wait for the break out of the triangle if do not want to gamble

Trade attivo

Bouncing up from lower part of triangle

Trade attivo

Triangle breaking down

Trade attivo

Triangle broke to the down side. Target still to be reach

Nota

The break to the down site can be considered complete, as for the triangle actio. There is a support line the price has bounce from three times.
Any other descending may not be attributable to the triangle.

Closing the trade here

Nota

Beyond triangle forces...BTC Dumped and NEO (and alts) followed down

Trade chiuso: obiettivo raggiunto

CryptoSr

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