BitInfo12

NEO Ascending Wedge. Breakout looming?

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An ascending wedge is forming on many charts. NEO has confirmed upper resistance and lower support multiple times in current ascending wedge.

As usual, ALT coins movements in strong coorelation with BTC. If BTC remains strong, I see this wedge breaking out to the upside.

Again, NEO (& most ALTs) breakout heavily correlated and conditional with BTC movements.

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