NEO / TetherUS
Long
Updated

NEO in a Bullish pattern! 📈

576
Hey, I am back with another Analysis, this time looking at NEO.

So a week ago I made a big analysis on NEO/USDT
NEO Has Potential to make over 150% Profits! In Depth Analysis.

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
Note
NEO has broken out from the wedge, now has to break $21.32 level. This will be an overextended breakout. snapshot

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