NEO (Y20.P2.E1).A lot of potential

Updated
Hi All,

A few words required.

a) I think BTC big move is up at this point
b) NEO has a nice bullish formation \ potential, so do many ALTS.

Its hard to choose which ALT will give less risk and more reward.

Good luck with your trading strategy.


Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari /CryptoProspa
(for my reference > Macro.charts)

Note fib. levels help define resistance\support
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MACD does not give any reason not to enter, we have convergence.
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With the CME gap on BTC, and its ranging movements, I anticipate the NEO will do a lower high bottom and hence create some form of bullish bounce pattern, not necessarily this.
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Update on progress
tradingview.com/chart/sQnbcFjd/
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Close up on the 15 min chart, hit its target in this micro move
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Pulled back nicely...time to buy
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The original chart...shows the bounce off the trendline
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The bigger picture and the main resistance
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Until BTC decides the next move, the ALTs will keep rising. I have NEO moving steadily up.
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Trade closed: target reached
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Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsNEOneoforecastneousdTrend Analysis

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