NEO Swing is hugging a Support-Resistance-Support line.
If BTC turns Bullish (as it seems to be at the current moment) and ALT market begins to recover, NEO could be a great potential swing trade at it's current level.
The Trade:
Buy an hold for a week to see if bearish trend reverses. Tight stop-loss: -5% from your entry High potential: 8x reward to risk Long: @0.0097 Stop: @0.0093
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.