Neo has tested support a number of times, and it looks like it's not going to hold. If it breaks further down consider the next demand zones as places to pick up some more (aggressive - first demand zone, more conservative - second demand zone). Happy Labor Day everyone!
Trade closed: target reached
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We have hit our second demand zone. Consider going long now
Order cancelled
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Lots of sloppy consolidation at the demand zone. Be cautious if going long.
If you found this analysis helpful and you either made or avoided losing money, feel free to donate to my BTC address: 145AGGtMXJZyS8b3yjRHWwDAbpjPEvEufG
timj
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Correct analysis - time to ease into a long position