Hi all,
Here is a overview of NEO daily chart.
- Set of 5 Elliot wave is being completed in this Bear Market
- NEO at key long term support
- RSI oversold at 27
- Falling wedge on RSI
- Price compressed between support and resistance lines.
/!\ Downward breakout - Target $25
/!\ Upward breakout - Target $83
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Here is a overview of NEO daily chart.
- Set of 5 Elliot wave is being completed in this Bear Market
- NEO at key long term support
- RSI oversold at 27
- Falling wedge on RSI
- Price compressed between support and resistance lines.
/!\ Downward breakout - Target $25
/!\ Upward breakout - Target $83
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Note
Downward parallel channel on the 2H TF Note
We want to keep on the daily at this Bullish harami 2 candles pattern.Note
A quick view on where it's safe to place long buys. Outside and above the yellow triangle. Note
NEO currently heading to the $33 long term support, good buy area
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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.
Related publications
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.