🚨EXCITING UPDATE!🚨

📉Coin Name: #NEO/USDT

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The bullish sentiment surrounding Ethereum (ETH) can be attributed to the recent price action observed in the NEO cryptocurrency on the 1-hour timeframe. Analysis reveals the formation of an ascending triangle, characterized by expanding price movements. Within this pattern, a breakout resistance line emerged, indicating a pivotal point in NEO's price trajectory.

This breakout resistance line serves as a significant technical indicator, influencing market sentiment and potentially signaling a bullish trend. Traders and investors are observing this development closely, as it suggests a potential upward movement in the price of NEO.

Given the interconnectivity and correlation often observed among cryptocurrencies, particularly within the same market cycles, the bullish momentum in NEO could be influencing market participants' perception of Ethereum. Consequently, the positive sentiment surrounding NEO's price action may be contributing to a bullish outlook on Ethereum as well.

In summary, the expanding ascending triangle pattern and breakout resistance line in NEO are factors contributing to a bullish sentiment in the cryptocurrency market, potentially influencing the perceived value and outlook for Ethereum.

🟢 LONG Position 🟢

Entry: 16.68

Take Profit Targets :

1st)20.35

2nd)22.45

3rd)23.39

LEVERAGE: 10X

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