We have confirmed bull trend (HH). Will it continue?
Price could go both ways.
There is on outside bear candle foloved by to insidebars. That could be very shallow retracement.
Sucesful break to the upside could lead to strongmove.
Caution is needed arround 1,145 price (first profit taking oportunity).
Price movement to the upside was quite strong and pin formed is small; Timing and location of the pin is very good.
First (T1) continuation of (red) sideways is expected and than (T2) possible lower low; could be new ABC move to the downside.
Third week of February has seen the biggest buying in Binance history for the pair. Bearish pin formed and was later broken to the upside.
Price action of the last ten weeks is signaling break of important 13.800 price level.
NEO seems to be a good investment opportunity and 13.800 is a good price to buy. Margin...
In this interpretation important (shallow) WXY correction is already over and down trend is continuing (that is main thing). Looking for shorts seems reasonable. Recent pinbar is massive and on important spot. Support becomes resistance.
Picture tells more than a thousand words.