Hi all! I am a trader from Italy and I daily analyze coins on Binance.
I am really bullish on NEO BTC right now. As you can see from the chart 4h timeframe, we just broke the 3188 resistance of the last 3 weeks. MA and MACD indicates a strong signal of reversal here even if RSI already high.
I d suggest to take a position around 3150 in the next correction. Possible objectives are the 1 day 99ma at 5000. Stop loss will be updated later
Note
3188 broken with strenght! Now will act as a support. Absolutely not to close the position
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.