MentalMango

NEO quick break to the upside.

Long
MentalMango Updated   
BITTREX:NEOBTC   Neo / Bitcoin
NEO looking oversold on hourly; BTC seems like it needs to breathe; we could see a quick upside break as consolidation seems to stay short for NEO. Trade entered around 0.00905. Looking to take profits again back near 0.0095-0.01 area depending on how run looks.
Trade active
Comment:
Getting close.. selling volume looks to be tiring. BTC took that breathe.. still riding my entry.
Comment:
Running out of sellers; plus BTC pairing is getting confusing with volatility today. Going to be an interesting weekend; letting this ride. Happy friday folks!
Comment:
Trade closed manually at 0.00925
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.