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
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.