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

Commento:

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

Commento:

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

Trade chiuso: obiettivo raggiunto: