NEO is forming an ascending triangle. It is currently getting supported by the 50 day moving average. if the price holds up and the upward trend line holds then we will see a short term upward movement at least to the previous high
around 0.009150 which give you about 13% gain. When the triangle breaks upward we will see more upward movements.
Good Luck!
This is not a financial advice, and please trade at your own risk.
If you like this analysis please hit like so I can publish more analysis in the future.
around 0.009150 which give you about 13% gain. When the triangle breaks upward we will see more upward movements.
Good Luck!
This is not a financial advice, and please trade at your own risk.
If you like this analysis please hit like so I can publish more analysis in the future.
Trade active:
First Target will be around 0.009137 which is the top of the triangle.
Comment:
heading for the first target!!
Trade active:
The first Target Reached and it broke the triangle. So the second trade is active. Heading for the second target
Trade closed manually:
Second trade broke the stop limit.