NEO Breakout
NEO bulls were just waiting for some confidence the low of the fear dump was in, and news provided the catalyst.
Caution of overbought conditions as we consolidate.
News breakouts are a great opportunity to flip and reload more coins.
As I write this hourly RSI is still mid 80s as we form a bearish reversal spinning top candlestick, though still 35 minutes until the close.
Looking for the daily chart to start a new uptrend with a higher low forming on consolidation.
Caution of overbought conditions as we consolidate.
News breakouts are a great opportunity to flip and reload more coins.
As I write this hourly RSI is still mid 80s as we form a bearish reversal spinning top candlestick, though still 35 minutes until the close.
Looking for the daily chart to start a new uptrend with a higher low forming on consolidation.
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