crypthal

NEO bullish triangle forming

Long
BITFINEX:NEOBTC   NEO / Bitcoin
The 4hrs chart is indicating that the RSI is getting closer and closer to the buy level and this matches the MACD that is also nearing a crossover.

I would look at buying at around 0.0088 and wait for the breakout.

The triangle is not totally complete, so it is possible that we see another up-down-up before the breakout.
It is up to you if you want to ride the wave or try and do 2 quick trades.

We need to keep an eye on the volume as it is less than ideal, but the market _seems_ to be rather bullish and coins like NEO will always go up in those markets.

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