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NEO is looking very strong on the bottom of the rising channel, however there is still some overhear resistance that it can't quite break through. The moment it does break through, though, there is a lot of overhead room here. The volume is rather disappointing at the moment, which is interesting given what the rest of the market is doing - but we take what we are given in these scenarios.
RSI has plenty of room to run too, with no clear divergences that would usually indicate that the channel could fail. Once the white box is breached, this is absolutely worth watching...
#crypto
NEO is looking very strong on the bottom of the rising channel, however there is still some overhear resistance that it can't quite break through. The moment it does break through, though, there is a lot of overhead room here. The volume is rather disappointing at the moment, which is interesting given what the rest of the market is doing - but we take what we are given in these scenarios.
RSI has plenty of room to run too, with no clear divergences that would usually indicate that the channel could fail. Once the white box is breached, this is absolutely worth watching...
#crypto
