EliteFxAcademy

NEO broke strong as we said in previous analysis

Long
BINANCE:NEOBTC   NEO / Bitcoin
Neo is at the moment in very good shape also with bitcoin because as we can see whole crypto market is correlated at the moment. But the difference is that we can see on the chart (daily closing is important), neo is LEADING at the moment versus Bitcoin. So that means, even if bitcoin hold position over weekend, Neo will blow this chart to targets we draw in out previous analysis by neousd chart.

From weekly closing we are still in Lower Low range position, but at the moment, neobtc retracement from buyers higher low maintained enough strong, plus the last candle on daily giving us a good signal.
Correlation is proved*
neobtc

For continuation we have to wait for weekly closing to get more info about managing upcomings.

At the moment; neousd strong buy signal;
If you agree give us feedbacks


Elitefxacademy
Comment:
At the moment price hit first target.
If we break through first target at 1218 satoshi.

Watch out 1300 satoshi and treat this at Second target.

Thrird target is 1465 satoshi
Comment:
Almost hit* the first target*

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