NEO / TetherUS
Long

NEO: Potential Breakout from Falling Wedge?

221
Hey everyone!

If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!

NEO looks good in daily time frame. It is forming a falling wedge like structure and trying to breaks out from it. It also holds a support (Green box) very well so far. After a confirmed daily candle close expecting a good 70-80% move to the upside from here.

Entry range:- $10-$11
Targets:- $12.3/$14.4/$16.8/$19.5
SL:- $8.30

What are your thoughts on NEO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!

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.