Pavlos_FXtrade

Neo Breakout

Long
We can see a strong Breakout from the ~15 dollar resistance area that previously acted as support . We can also see the shifted EMA's while the ( 110 EMA act as support ) . I believe that we might come down for a retest of that resistance area and make it support ( the correction might happen also because bitcoin needs a correction and might drag down NEO price ) and from there we have 2 target profits ~26 ~42 areas
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.