fitzpa59
Long

NEO BREAKOUT INCOMING

BITFINEX:NEOBTC   NEO / Bitcoin
Since almost touching $200, NEOUSD has seen three encounters of resistance at $160 at the 0.786 level. A breakout the 0.786 level when there is resistance often leads to a breakout to around 1.272 or 1.414 - this has happened to NEO several times in the past.

NEOBTC             its also encountering resistance at the peak NEOBTC             level. Also sign of a potential breakout.

If either chart shows a LOWER low then the breakout pattern will need to be reconsidered.
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