NEO is approaching demand zone and is subsequently in downward wedge. We anticipate a breakout to occur $21 mark, however for risk minimizing we have outlined $21 as our STOP LOSS. This would be mostly used for short term holders, because if you're a long term holder of NEO, you already understand that there is not need for any Stop Losses as we have bright future ahead of us especially as a top 100 crypto coin on market.
For this looking for a safe entry we would advice to wait for breakout first which would be above downward resistance and for those higher risk investors, you guys can enter in now with SL if you want to play it safer.
Please give a like on this chart. Remember that we don't get paid to post these charts and feedback in a form of LIKE goes a long way for us!
Enjoy this trade, advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
For this looking for a safe entry we would advice to wait for breakout first which would be above downward resistance and for those higher risk investors, you guys can enter in now with SL if you want to play it safer.
Please give a like on this chart. Remember that we don't get paid to post these charts and feedback in a form of LIKE goes a long way for us!
Enjoy this trade, advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Trade ativo
Nota
Accumulating for possible breakoutNota
Bullish even if drops to $27
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.