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IsraelLot
Mar 9, 2018 3:48 AM

NEO Buy Opportunity  Long

NEO / DollarBitfinex

Description

NEO presents a buy oportunity close to the trendline. RSI is oversold and supports a long position.
Stop loss below the last flash crash and target at the down trend line. Part of the trade can be left to speculate higher highs on a breakout of the triangle.

Comment

Price touched the trend line and bounced. Let's wait for a pivot to confirm.
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