NEO BUY OPPORTUNITY

Trading around 78.6% fib level,

Long term Trendline passing through same level.

RSI deadlow

Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS

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Price tested 78.6% fib level, we should expect bounce from here with 75% certanity

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Possible direction of price movement for today

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Just as expected.

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Neo bounced off from the last trendline that span from all time low.

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Approaching strong support, reversal is expected

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Forming good Bullish divergence on daily timeframe.

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NEO trading in big BULLISH CHANNEL which broke down and price attempting a re-test either for futher drop or for price to close back into the channel.

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Serious pattern formation on Neo, this is great.