Short Position: NEO break out this simetric triangle!!!
I wil put a short position in NEO from $54 USD to sell order limit until the $28 USD, this will be my final target approximately. NEO it's look bearish in H4 timeframe and H12 timeframe.
s3.tradingview.com/snapshots/2/2n0Z2RjI.png
This it's the Daily timeframe and I believe that buy NEO contract will be an error, because as Bitcoin dump, NEO follow Bitcoin.
s3.tradingview.com/snapshots/o/ovKlBuCN.png
But if you look the H4 timeframe, NEO form like a simetric triangle, and that will be considered a bearish signal. For that ,I decide to sell NEO as I have a perspective that cryptocurrencies going to crash!!!
Good luck!!!
s3.tradingview.com/snapshots/2/2n0Z2RjI.png
This it's the Daily timeframe and I believe that buy NEO contract will be an error, because as Bitcoin dump, NEO follow Bitcoin.
s3.tradingview.com/snapshots/o/ovKlBuCN.png
But if you look the H4 timeframe, NEO form like a simetric triangle, and that will be considered a bearish signal. For that ,I decide to sell NEO as I have a perspective that cryptocurrencies going to crash!!!
Good luck!!!
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.