NEO
Short

NEO more downside maybe

Updated
Neo has been the easiest alt to trade lately. I was so unfortunate to close my short early because I was not confident and then bitcoin lost all its support like there wasn't any. Anyway the current formation looks like a bear flag and I think 7.30 is a good entry. As you can see there is lots of overhead resistance. My Stop loss is 7.43. Good luck.
Note
Broken up along with Bitcoin. I will wait for this candle and then evaluate
Note
Looking like it wants to still go down but bitcoin looking strong. Really difficult price action here.
Note
Taking half of the position off here at 7.16 for a 1.91% profit.
Trade closed manually
Fully closed at 7.22
BTCUSDChart PatternsTechnical IndicatorsNEONEOBTCneousdTrend Analysis

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