This trend line has been formed during the COVID crash over a year ago. Since then, it has caused a strong reversal a couple of times.
Now that the market is edging bearish, it might be the case that NEO will be moving towards this trend line. In case it will, keep an eye out for a reversal around this area.
Reversal target placed at $65, which is the most recent local top.
Happy trading!
Now that the market is edging bearish, it might be the case that NEO will be moving towards this trend line. In case it will, keep an eye out for a reversal around this area.
Reversal target placed at $65, which is the most recent local top.
Happy trading!
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