NEO / Bitcoin

TA on NEO/BTC

495
Did a TA on NEO/BTC and sees a strong support at 0.0066 BTC. There is also a formation of a descending triangle which is usually bearish. However, that said, I think NEO will do well long term and is one of the main competitors of ethereum. Good entry will be at 0.0066 BTC but we will only be able to determine if its gonna breakout upwards or downwards with more candle movement over the next few days.

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.