free forever qr code generator Trading Idea - Neo Breakout Yesterday, Could Be A Good Time To Get In

Neo rose 11% yesterday against Bitcoin and the volume did also pick up a little bit and we did close near the daily high and formed a nice looking candlestick. Here is the daily chart:

See my work over at Steemit: https://steemit.com/@freeforever

Comment: The most important part here is that we closed above 2 important trendlines as you can see from the chart. Now, we might go down to retest the upper trendline here but thereafter, Neo could take off from here.

As an exit strategy, I would look at 0,01 BTC. If we were to have a daily close below that, then you could exit.

Finally, be aware of the Bitcoin price since we are not sure if we will make another low here. If Bitcoin were to fall back again, that will likely affect Neo as well.

Happy trading!

free forever qr code generator Trading Idea - Neo Breakout Yesterday, Could Be A Good Time To Get In
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Science & Technology	Upload TimePublished on 25 Jan 2018

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