Neo / Bitcoin Bittrex:neobtc

Here is a new trading opportunity for NEO 0.32% . The price bounces from the uptrend line. RSI confirms price reversal. MACD histogram supports upward movement. We'll get a buy signal when the price breaks the resistance zone formed by SMA100 and the downtrend line. It will be a good confirmation of further uptrend. Entry level should be at 0.005300 with stop orders at 0.004350 level. Profit targets are 0.007000 and 0.008500 levels. If the market drops below 0.004500 without activation buy orders, we'll have to delete these orders and wait for new trading signals.

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