FieryTrading

🔥 NEO/USDT On Its Way To Resistance: Gains Ahead

Long
BINANCE:NEOUSDT   NEO / TetherUS
NEO has seen some strong gains in the last week, but not as strong as some other coins which have been going up straight. My view is that this coin has more upside, until the purple resistance at the very least.

On the chart I’ve marked two potential areas of resistance, R1 and R2. R1 is based at the most recent swing high, R2 is based along the purple resistance line. Be aware that the R2 resistance requires more baby-sitting since its not a fixed point.

Happy trading!

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