This Is How Every Year Neo Coin Gives Wonderful Buy The Dip Opportunities

in SteemitCryptoAcademy2 years ago

Hi dear friends, hope you are well and welcome to the new update on NEO coin.

Daily wedge and triangle:
On a daily time frame, Neo coin has formed a falling wedge pattern, now the movement is squeezed because at the end of the wedge a descending triangle is formed and the support of this triangle is not letting the priceline to moved down to test the support of wedge again. There is also 200 SMA resistance above the resistance of the wedge . After breaking out the resistance of wedge and 200 SMA resistance we can expect a big move.

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200 SMA support:
On a weekly time frame, the priceline of NEO coin is getting bounced by 200 simple moving average support.

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Don't forget to upvote/tip and share the post, thanks

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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