jassem91
Long

NEO forming strong wedge, Possible Breakout

BINANCE:NEOUSDT   NEO / Tether
Neo looks to be forming support and a strong wedge is forming.

With a series of higher lows forming. I would assume we will be breakout to the upward side.

Bitcoin             is experience similar movements with higher highs forming on BTC             USD pair.

Also, if we look at the fibonacci levels from the lows of early feb to the highs of late feb. We can see that we've retraced to the O.786 Line almost perfectly.

I believe the bottom is in and we'll be moving upwards from here.

Give your thoughts and if you agree. Don't forget to click the like button :)

Comment: Fib retracement

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