Long
NEO - Continuation higher expected.
Trade Idea - We look to Buy at 9.9650
Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
After strong buying pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the upper half of the previous day’s range.
Bespoke support is located at 9.965.
Expect trading to remain mixed and volatile.
Stop: 9.050
Target 1: 16.50
Trget 2: 17.00
Join us in our new Crypto Telegram channel - t.me/signalcentre_crypto
Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
After strong buying pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the upper half of the previous day’s range.
Bespoke support is located at 9.965.
Expect trading to remain mixed and volatile.
Stop: 9.050
Target 1: 16.50
Trget 2: 17.00
Join us in our new Crypto Telegram channel - t.me/signalcentre_crypto
Live Youtube - youtube.com/@SignalCentre/streams
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Live Youtube - youtube.com/@SignalCentre/streams
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.