Monfex_UK

NEO more than 50% profit in BTC

Long
Monfex_UK Updated   
BINANCE:NEOBTC   NEO / Bitcoin
Hello, Traders!
Monfex is at your service and today we overview NEO/BTC, log scale.

NEO is in the falling bullish wedge and has MA100 near resistance line. It's with a bullish divergence by RSI.

  • Support, buy zone ~ 0,000850
  • Target zone ~ 0,001500
  • Stop lose - 0,000820
Almost 2X in this trade.

Breakout of the resistance line will be the best confirmation of this idea!

Share your thoughts, ideas about the market under the chart.

Watch for our Updates to be the first who gets well-timed signals !

GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Trade active
Trade active:
NEO/USD
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.