Ascending Triangle on NEOBTC 1HR
Updated
Neo seems to be trying to setup for another breakout, although volume is still lacking, not expecting anything big, maybe settling around a new zone in the 0.013168 area based on the height of the ascending triangle, and also conveniently the 23.6 fib mark on the correction.
Still a novice with this, i'd appreciate any feedback.
Not financial advice.
Still a novice with this, i'd appreciate any feedback.
Not financial advice.
Note
Looks like the break out was to the down side, buyers seemed to have come in to pick it up around the same level to the downside though (same height of the ascending triangle), nothing to do now but wait for the next move hopefully backed with some good volume.
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