Neo potential double bottom reversal - target price ~$51.5
NEOUSDT
is showing a potential double bottom reversal. if it can break both labeled resistance lines, target price is ~$51.5 based on pattern projection. one thing that could interfere with this is BTC and ETH dropping in price further, which seems likely; likeliness to interfere with this movement in NEO is uncertain. these 3 are all somewhat tied to each other in price movement.
trade at your own risk.
Anulowano zlecenie:
formed a new low, which means that we aren't out of the consolidation phase yet.