NEO! Breakout soon!??
Hello traders,
After the inverse head and shoulders breakout for Tron and Bitcoin, some of the big caps like NEO or XRP has not reached recovered from the recent crash.
Looking at the 4 hour chart for NEO, we see that inverse head and shoulders pattern has completed and waiting for the bearkout confirmation. There was a false breakout wick earlier, but it was soon rejected by the high selling volume. I still think we will see breakout in next couple days, and the target for this trade is around 64000 Satoshi range (7% profit) for now.
Happy trading!
After the inverse head and shoulders breakout for Tron and Bitcoin, some of the big caps like NEO or XRP has not reached recovered from the recent crash.
Looking at the 4 hour chart for NEO, we see that inverse head and shoulders pattern has completed and waiting for the bearkout confirmation. There was a false breakout wick earlier, but it was soon rejected by the high selling volume. I still think we will see breakout in next couple days, and the target for this trade is around 64000 Satoshi range (7% profit) for now.
Happy trading!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.