botje11
Long

NEO playing catch up soon or is this ETH part 2

BITFINEX:NEOUSD   NEO / U.S. Dollar
Neo has been a weak alt the past weeks, this could be because the market finds it less interesting during the last rally, or the bulls will play catch up soon. The market in general is still in a danger zone. For this one i am waiting for an entry close to 18ish and will use a stop below the 17. For this one i will buy in half around the 18 and wait for a break of 19.3 again to get in the other 50%. This to keep the risk small, since the market direction is still not clear.

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Previous analysis:
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It is all about which direction this Triangle breaks to. But 1W is still heavily bearish:

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NEO will smash it soon
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thx botje11
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great job, can you take look on ETH ?
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