NEO Buy Opportunity

By sasha_morozov
Updated
Probably the market is ready for new highs. The market is trying to break the downtrend line.

MACD lines are crossed, the histogram also shows a positive trend.
RSI turned around and broke the downtrend line.
Local swing high is about $48.6.

To the Moon!
Comment
The price broke through the downtrend line and 78.6% fib.

For me it is a good signal to buy.
Comment
snapshot

The market tested again the uptrend line and bounced from it. RSI and Stochastic RSI confirm the upward movement.
NEOneousdNEOUSDTTrend Analysis

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