NEO / TetherUS
Long

NEO: Potential Breakout from Falling Wedge?

222
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 publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.