NEO / TetherUS

NEOUSDT - Potential Head & Shoulders Pattern

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NEOUSDT appears to be riding a Head & Shoulders pattern on the 1D chart. Spectro Volume Squeeze is showing volume flat lining, with a direction to soon be determined. Spectral Range is showing that it is still in a longer term downtrend movement.

Look for a neckline confirmation near $11.16.

Analysis by AlchemistLA

Note:
I am a Hypester team member and a novice currently learning TA. Any suggestions and/or corrections of my analysis are encouraged. Thank you for helping me in my journey through your feedback.

Penafian

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