TradingView
Signal_Centre
Oct 29, 2019 7:54 AM

NEO - Continuation higher expected. Long

NEO / US DollarBinance

Description

Trade Idea - We look to Buy at 9.9650

Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
After strong buying pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the upper half of the previous day’s range.
Bespoke support is located at 9.965.
Expect trading to remain mixed and volatile.

Stop: 9.050
Target 1: 16.50
Trget 2: 17.00

Join us in our new Crypto Telegram channel - t.me/signalcentre_crypto
More