NEO: Trendline Breakout
The NEO is in consolidation zone last few hours. None of the market participants (buyers and sellers) are fully committed to control the price. There are two trendlines, which acts as dynamic support and resistance. If the market breaks the trendline, it will create an opportunity to go short.
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.