NEOLong
NEO/USDT triangle breakout, 42% gain target
NEO have just breakout from a symmetrical triangle.
Symmetrical triangles are usually continuation pattern, and the breakout is indeed upward.
We had a confirmation of the breakout when it bounced @125.6$.
Plus, we had a nice volume increase on the breakout.
Target @182$ (+42%).
Stop loss @120$ (-6.5%).
Symmetrical triangles are usually continuation pattern, and the breakout is indeed upward.
We had a confirmation of the breakout when it bounced @125.6$.
Plus, we had a nice volume increase on the breakout.
Target @182$ (+42%).
Stop loss @120$ (-6.5%).
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.