Alteroc

NEO - Elliot correction completed - LONG

Long
Alteroc Aktualisiert   
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



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Kommentar:
Downward parallel channel on the 2H TF
Kommentar:
We want to keep on the daily at this Bullish harami 2 candles pattern.

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