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ArShevelev
Jan 29, 2018 11:11 PM

NEO is not cheap now... 

NEO / BitcoinBitfinex

Description

In my previous idea about NEO, I called to short it. Since this time, NEO broke 3 downtrend line, and now trying to break horizontal resistance line 0.0145.
Usually after breakout, price retesting previous resistance as a support level.

Estimated target on Chart.

People talking a lot about NEO and ETH, so don't forget basics:

Trade active

Broke Rising Wedge, moving to support Uptrend lines.

Trade active

touched important support line, looks like going to break it soon.
Comments
SwissWebTrader
thank you for the update
Jackrl
what is the target 2.0 or 1.59
i have the same target 1.59 in my Analysis
janoslav
thanks for this, nice analysis
b2020d
how soon do you think it can reach the target?
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