Antshares (NEO) Short-Term Trading Opportunity

Antshares (ANS/NEO) seems to have formed a nice support line that is unlikely to break soon. The price seems near that support line now, so it's also a good opportunity to buy.

I believe it will move inside the drawn channel, which means you should take a profit around 0.0047-0.0048 BTC.

However, there's also a chance that it could break past the channel's resistance line and past 0.0050 BTC. If it does that, then it may rise till 0.0068-0.0069 BTC, which would be the sum between the breakout point and the difference between high of the mid-section of the double bottom reversal pattern and its lowest point.

If you see it fall down to 0.0046 BTC after it passes the 0.0047/48 mark, then you should consider selling and not wait for the bigger breakout.

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