#NEO 1d
Currently it demonstrates a good level for building upward movement. The market has been following a downtrend for a long time, and more recently has found its support and went sideways. The recent lows act as a support, the breakdown of which with a high probability will direct the market to a further decline, but if we continue and continue to gain volume, then the asset has good chances to touch the upper edge of the formed side channel. In the medium term, we can consider a level of around 3000 as the main goal. As you can see on the 1-day chart, then we are met by the resistance of a long-term downtrend, the breakdown of which should be accompanied by a correction and a subsequent set of growth, and a long-term goal can be considered a level of about 5000.
Currently it demonstrates a good level for building upward movement. The market has been following a downtrend for a long time, and more recently has found its support and went sideways. The recent lows act as a support, the breakdown of which with a high probability will direct the market to a further decline, but if we continue and continue to gain volume, then the asset has good chances to touch the upper edge of the formed side channel. In the medium term, we can consider a level of around 3000 as the main goal. As you can see on the 1-day chart, then we are met by the resistance of a long-term downtrend, the breakdown of which should be accompanied by a correction and a subsequent set of growth, and a long-term goal can be considered a level of about 5000.