NEO Pennant is forming... but volume remains low
NEO has a pennant forming and should break out in the next few days.
But I would not expect miracles because
So, while I expect a break out, I don't expect a lot of gains to be made.
I would look at 1350 or maybe 1450 ... not much more than that.
But I would not expect miracles because
- The volume remains low
- We are 50% above the 50 EMA, (1 day)
- China, (the primary target for that coin), is still threatening to release Crypto regulations.
So, while I expect a break out, I don't expect a lot of gains to be made.
I would look at 1350 or maybe 1450 ... not much more than that.
Trade fechado: objetivo atingido
Done... :)
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.