NEO currently is at 73 USD, I think there is enough space to profit till 82 USD.
First of all , NEO looking very bullish much like all market atm,but I don't trust too much so ill adjust my stoploss as I go and would lock profits at around 82 which is where the price ill hit the downtrend line. This hit could lead to a drop of the price and that is why im securing my profits at 82.
NEO has still a lot of room to go and breaking that trend line would lead to a massive bullish market, so I advise you to keep close eyes on the market.
Also watching our fib retraimento we can see that price formed a resistance at the bottom of the 0.786 fib this means we can potentially bounce up to atleast 0.618 .
First of all , NEO looking very bullish much like all market atm,but I don't trust too much so ill adjust my stoploss as I go and would lock profits at around 82 which is where the price ill hit the downtrend line. This hit could lead to a drop of the price and that is why im securing my profits at 82.
NEO has still a lot of room to go and breaking that trend line would lead to a massive bullish market, so I advise you to keep close eyes on the market.
Also watching our fib retraimento we can see that price formed a resistance at the bottom of the 0.786 fib this means we can potentially bounce up to atleast 0.618 .
Comentarios:
Reached our targets as expected