NEO/BTC is showing a large descending triangle here. potential target prices are labeled on the chart. first target is a probable support level, second target is based on pattern projection.longer term, I'm very bullish on this coin due to very solid fundamentals; so, buy the dip.
trade at your own risk.
Order cancelled
broke out from the triangle, meaning the pattern failed. however, unless NEO can break above ~0.0074 BTC, we will still be in a downtrend.
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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.