Potential opportunity for NEO, make sure to set a tight stop.
Key Notes:
1) Triangle formed, if it breaks, good place to set your stop loss. 2) Volatility is dying down, a move one way or the other happening soon. 3) Currently showing bullish 0 histogram MACD rejection, if it holds, it will go for a rise today. 4) RSI trending higher, as well as higher lows. 5) Important 4 hour close @ 12pm EST, will most likely determine direction of trade.
Buy in:
008140-8200
Targets are listed on chart
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I'll be looking to exit at a slight loss if this zone it's in @ 8100-8130 doesn't hold.
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Zone held, trade is taking longer than expected as it's in a corrective cycle, however I'm looking for movement today, if not I'll cut out with a small profit sometime midday if I don't see any further movement, as I could be making money in other coins.
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Sold @ T1, as this took longer to develop than I wanted.
Please have a look at my chart too, feedback is appreciated.