Hello Trades,
Seems like NEO reached the top of the channel and the bottom of the bearflag again to retest it
You can trade this .
Target if it didn't break to the upside
should be the bottom of the channel.
On the chart we got the following :
Bearish divergence on 5m and 15m .
over bought on some indicators at 5m 15m 30m chart
we are on a strong resistance.
-
Have a nice day
Seems like NEO reached the top of the channel and the bottom of the bearflag again to retest it
You can trade this .
Target if it didn't break to the upside
should be the bottom of the channel.
On the chart we got the following :
Bearish divergence on 5m and 15m .
over bought on some indicators at 5m 15m 30m chart
we are on a strong resistance.
-
Have a nice day
Comment:
I forgot to mention that we need to break the micro upchannel to reach the bottom
Trade closed: stop reached:
BTC reversal
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