The NEO price has rapidly increased over the past five days. On June 3, the price broke out from a symmetrical triangle, and, at the time of writing, was rising towards the closest resistance area. Well-known trader @CryptoNewton outlined a NEO chart that shows the price breaking out from a symmetrical triangle, with the caption "send it". He gave a target of ₿0.00135 for the possible
What’s Next For NEO After Breakout?
After moving above its 200-day moving average, NEO has broken out from a symmetrical triangle.
The next closest resistance area is found at ₿0.00138.
NEO/USD has broken out from the $11.2 resistance area and is heading towards the next one at $13.4.
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