Trading Signal for Neo (NEOUSDT)
The price bounces from the support zone formed by SMA50, the uptrend line and SMA100.
RSI confirms price reversal and MACD supports possible upward movement.
DMI gives a signal that the bulls become stronger.
This trading idea is based on a breakout above the previous highs with continuation of the uptrend. Entry level is 142.00 with stop orders at 132.00 level.
Profit targets are 154.00 and 170.00 resistance levels.
If the price breaks the uptrend line, we'll have to delete the buy orders and wait for a new trading opportunity.
Cryptocurrency Exchange: Bittrex
Buy: 142.00 // Stop-Loss: 132.00 // Take-Profit: 154.00 / 170.00
Cryptocurrency Exchange: Binance
Buy: 143.50 // Stop-Loss: 133.00 // Take-Profit: 154.00 / 170.00

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