NEO Technical Analysis-20 Apr 2018

Welcome to this update analysis on ethereum! Let's get right to it!
NEO, one of the strongest altcoins within the cryptocurrency markets,
have broken out and is now trading in a new uptrend.

Technical analysis:
The SMA20 line crossed the SMA200. This can represent the beginning of upward action.

Strong bullish candle yesterday. After consolidation, we can expect another strong breakout.

The weekly chart is also becoming positive. After weeks of retrace, we are now looking to go up.

****Entry Point****
0.00765 - 0.00900

****Take Profits: ****
TP1= @ 0.00957
TP2= @ 0.01172
TP3= @ 0.01325
TP4= @ 0.01520
TP5= @ 0.02082
Stop-loss: 0.00656

Hope this idea will inspire some of you ! Good luck trading and don't forget to upvote, keep me motivated to keep doing this.

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.