NEOUSDT forms a symmetrical triangle on the background of a local uptrend. Price is once again testing resistance and any other attempt could be successful.
The 4-hour moving averages act as support, forcing price to test the triangle resistance line.
The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon
Strong support: 12.15, 11.65
Strong resistance: 13.86, 15.80
I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80
The 4-hour moving averages act as support, forcing price to test the triangle resistance line.
The price is consolidating above the liquidity zone, hence there are more signs that the price may rise soon
Strong support: 12.15, 11.65
Strong resistance: 13.86, 15.80
I expect that in the nearest future the price will try to break the resistance, and in this case I will wait for its growth to 13.86 and then to 15.80
