MannyLo
Long

NEO Looking to Breakout

BITFINEX:NEOUSD   NEO / Dollar
Stepping right into it, NEOUSD looks to be forming an Ascending Triangle Pattern during this run. This is usually an accumulation period in which we see volume contracting, which we have seen. Once breakout is confirmed (would like it to breka $125 levels) we can expect NEO's next stop to reach around $155+ levels.

I am currently long on NEO.

Cheers!

Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances.

Comment: 125 Resistance broken. Was hoping for some better volume, we're seeing bitcoin rise as well, curious to see if it sucks up some of the alts volume. If not stand by $155+ calls.
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