NEO the SLEEPING GIANT! Cup&Handle that can start a new uptrend!
Updated
NEOBTCNEOBTCNEOBTCNEO is a currency that has a very strong and mature project, has been in the top5 on its ATH and is currently "asleep".
We can see many important signals that leave us a good expectation of a upward move in the short-term.
RSI and MACD have a very strong uptrend and both holding on the positive side, demonstrating the predominant buying power.
In candles, we can observe the formation of a Cup & Handle that is very close to testing the neckline. The volume is increasing very consistently since the beginning of February and points to a breakup attempt in the coming days.
Ichimoku is totally bullish, the price has already crossed the green cloud. Lines not shown in the chart: Chikou is above the price indicating the upward trend, Tenkan crossed over from Kijun.
20MA pointed up and soon there should be the touch with the 200MA, we know that the 200MA tends to be a very important dynamic resistance but I really believe that the price will cross it without difficulty (Already happened in the 4H chart).
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