đź’ŽTechnical Analysis Summaryđź’Ž
BINANCE: NEOUSDT
-NEO broke the rising channel to the downside
-Which by Technical, it is a Bearish pattern most of the time
-We can see an engulfing red candle followed with a big spike in sell volume
-This is a strong indication of the massive amount of NEO sold at the market price
-Well, we know BTC is also breaking to the downside causing Alts to follow down
-But NEO is highly affected or the most weakness against the USDT pair
-If you have a position since the rally from 16 dollars to 25 dollars
-Be sure to take profit and move stop loss at key levels
-If you are looking enter a Buy order, wait for the price to test the major support at the $15 range
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
BINANCE: NEOUSDT
-NEO broke the rising channel to the downside
-Which by Technical, it is a Bearish pattern most of the time
-We can see an engulfing red candle followed with a big spike in sell volume
-This is a strong indication of the massive amount of NEO sold at the market price
-Well, we know BTC is also breaking to the downside causing Alts to follow down
-But NEO is highly affected or the most weakness against the USDT pair
-If you have a position since the rally from 16 dollars to 25 dollars
-Be sure to take profit and move stop loss at key levels
-If you are looking enter a Buy order, wait for the price to test the major support at the $15 range
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
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