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Long

NEO is ready for a strong bullish

BITTREX:NEOUSD   NEO / U.S. Dollar
The pricing has bounced from MA 50 and RSI wave in the bottom give us an opportunity to have a strong bullish . Look at the chart, we can see a repeat model with 3 main zones: "Get ready", "Simple upward" and "Strong bullish".

We can see the pricing hit a strong support zone right now, it's bouncing from 110-125 USD. For long term trading, it's cheappeast to buy more. However, if you are looking for a reliability signal you can wait 2nd reversal confirmation what place the price pass 135 USD. The bullish will begin when the price reach brekout zone at 152 USD.

Profit target:
- Target 1: 245 USD
- Target 2: 374 USD
- Target 3: 505 USD
- Target 4: 605 USD


Stoploss: 87 USD
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