CryptoSr

NEO USDT Triangle in a uptrend channel

Long
CryptoSr Updated   
BITTREX:NEOUSDT   Neo / Tether
NEO USDT is moving up in a channel and have formed a symmetrical triangle in the lower time frames. Target: upper part of the channel (about 15.30) if breaking up. 10% move approximately. Wait for the break out of the triangle if do not want to gamble
Trade active:
Bouncing up from lower part of triangle
Trade active:
Triangle breaking down
Trade active:
Triangle broke to the down side. Target still to be reach

Comment:
The break to the down site can be considered complete, as for the triangle actio. There is a support line the price has bounce from three times.
Any other descending may not be attributable to the triangle.

Closing the trade here

Comment:
Beyond triangle forces...BTC Dumped and NEO (and alts) followed down

Trade closed: target reached:
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