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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.