NEO is looking interesting to me at the moment; a great looking chart. On the 4h chart we have a change in trend with a higher high proceeded by a higher low (bullish). Then followed by a double top with a divergence in rsi and lowering vol (bearish). At the time of this chart we could be making a perfect Larger Double Bottom (bullish). If it breaks the blue line we could see a drop to the last support (0.001316). 7% If it bounces we could see it go to the last resistance (0.001558) 10% or possibly more because of such a long downtrend. Thoughts are welcome!
Note
It ended up breaking the blue line to the downside, at the same time btc had its push. Btc up by 9% and Neo had a fall of 3% but has recovered back 2% of that. Always have to keep an eye on btc as it can crush the alts. Not what I hoped for but still a pretty clean chart.
Ended up going up 16% percent from the blue line, passing the target by 5%. It did fall after the inital post, which was noted in the update. tradingview.com/chart/hka6orpc/
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