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Signal_Centre1
Oct 12, 2020 12:26 PM

NEO to see a 13% leg up. Long

NEO / TetherUSBinance

Description

NEO - Short term

We look to Buy a break

Price action has formed a bullish ascending triangle formation.
A break of yesterdays high would confirm bullish momentum.
Levels below 18.00 continue to attract buyers.
A move through bespoke resistance at 18.34 and we look for extended gains.
We look for gains to be extended today.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.

Our profit targets will be 20.34 and 20.98

Resistance: 18.00 / 18.35 / 19.10
Support: 17.65 / 17.40 / 17.00

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