BitInfo12

NEO: Testing Resistance. Looking to go Higher?

Long
BINANCE:NEOUSD   NEO / U.S. Dollar
NEO has been on a subtle, yet powerful upward movement in the price for the past few months. With $20 being a major psychological level and Fibonacci levels acting as clear support/resistance , this set-up is interesting.

Look for a breakout of the $21 level leading to higher highs. If rejected look for lower FIb levels as support zones. 80/20 trade.

Of course, Bitcoin is king and must be respected/watched. If BTC continues to show strength NEO's breakout odds increase & vice-versa.

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