NEOBTC 1-Day Chart
To me this chart is saying quite a few things.
When zooming out I can see a historical support and resistance level is .00133820
On the day chart, we have completed an inverse head and shoulders.
After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way.
A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign.
Buying range is between .00139 and .00134
Selling range is between .0015 and .0016
Sell Loss is set at .00131
When zooming out I can see a historical support and resistance level is .00133820
On the day chart, we have completed an inverse head and shoulders.
After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way.
A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign.
Buying range is between .00139 and .00134
Selling range is between .0015 and .0016
Sell Loss is set at .00131
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