NEO
Long
Updated

NEO - Elliot correction completed - LONG

856
Hi all,

Here is a overview of NEO daily chart.

- Set of 5 Elliot wave is being completed in this Bear Market
- NEO at key long term support
- RSI oversold at 27
- Falling wedge on RSI
- Price compressed between support and resistance lines.

/!\ Downward breakout - Target $25
/!\ Upward breakout - Target $83

This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.

All the Best from the Crypto Space
Alteroc



AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Note
Downward parallel channel on the 2H TF snapshot
Note
We want to keep on the daily at this Bullish harami 2 candles pattern.

snapshot
Note
A quick view on where it's safe to place long buys. Outside and above the yellow triangle.
snapshot
Note
NEO currently heading to the $33 long term support, good buy area

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