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arlisjohnson3
Apr 29, 2018 2:13 PM

NEOUSD POTENTIAL BREAKOUT 40% GAINS IN THE CHARTS Long

NEO / DollarBitfinex

Description

Rounded Bottom Breakout

Neo technically needs a close above $85 to be considered a breakout of this rounded bottom/inverse head and shoulders neckline.

Volume is already set to be huge at closing time as we are only half way through the day's trading hours.

Target Price of $116

RSI still in fair territoy.

Warning, always be cautious of BTC trade action.

Please throw me a follow if my chart has helped you.

Much Appreciated,

AJ

Trade active

Only 12 hours later and Neo at key resistance level of $92+ from $85 breakout. High, high volume. Keep an eye on this one and be prepared to take profits if needed.
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