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Cloudbreak

NEO Long strategyNEO has broken down a channel with bullish tendency still beeing visible as RSI and the Ichi cloud indicating the bulls are still in it specifically I would like to state the support at the end of the cloud holding the price action for neo. In case NEO finds itself over the cloud it will immediately complete a cup & handle on its way up to the resistance at top of the channel. The buy demand structure shows a pullback scenario shall happen at the top of the channel. The best safe place to place your SL has been placed on the chart.
Long
by Zivul33
1