FieryTrading

🔥 NEO Looks Like Reversal: Double Bottom + Bullish Divergence

Long
BINANCE:NEOUSDT   NEO / TetherUS
NEO is currently bouncing from a strong area of support, purple, whilst it also showed bullish divergence on the RSI.

Theoretically, this must be very bullish. With the stock market reversing and BTC seeming trading neutral, it might be time for alts to shine.

Looking for an entry around 9.21 and a stop below the most recent local low. Target at the May high.

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