NEOBTC formed a very pretty Head and Shoulders pattern and has broken out of the neckline.We seek to go long on this baby,with the perfect buy zone being a pullback to the demand zone.
Enjoy some new year profits!
After an impressive run and a very necessary correction,It seems NEOUSD is ready for another run,most probably a bullish run but ofcourse we can only read the chart.
The symmetrical triangle that has formed should offer a great breakout.A close above previous 84 high will indicate a new bull run,watch support levels at 57.0
Lets see how it plays out