Nice buy opportunity for NEO
Please feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support.
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- NEO has broken the support level that held since December 2019 (yellow bar)
- Ascending channel with bullish momentum, setting higher highs and higher lows.
- Fell below the 200 MA and is now touching the bottom of the channel.
- If we see a bullish close on the daily and a bullish follow up tomorrow, the path is clear towards 1292 sats.
SL is set at a 2% drop. R/R ratio = 5.24.
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- NEO has broken the support level that held since December 2019 (yellow bar)
- Ascending channel with bullish momentum, setting higher highs and higher lows.
- Fell below the 200 MA and is now touching the bottom of the channel.
- If we see a bullish close on the daily and a bullish follow up tomorrow, the path is clear towards 1292 sats.
SL is set at a 2% drop. R/R ratio = 5.24.
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