NEO Pennant is forming... but volume remains low

٢٦ يناير ٢٠١٨

NEO has a pennant forming and should break out in the next few days.

But I would not expect miracles because

• The volume remains low
  
• We are 50% above the 50 EMA, (1 day)
  
• China, (the primary target for that coin), is still threatening to release Crypto regulations.
  

So, while I expect a break out, I don't expect a lot of gains to be made.

I would look at 1350 or maybe 1450 ... not much more than that.

٣٠ يناير ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف

Done... :)