$NEO - Korean arbitrage and a half year cup and handle formation
Updated
NEO/BTC - D - Binance.
Korean arbitrage has been messing with international traders for a while now. Kimchi premium.
Take a look at these pictures:
i.imgur.com/drewbNr.png
ATH: ~$200, which is based on multiplying the hl2 of 14 Jan. for BTC.
i.imgur.com/osTZzU5.png
259,600WON = 240USD
i.imgur.com/IBYXkIU.jpg
i.imgur.com/VDThsYZ.png
Korean arbitrage has been messing with international traders for a while now. Kimchi premium.
Take a look at these pictures:
i.imgur.com/drewbNr.png
ATH: ~$200, which is based on multiplying the hl2 of 14 Jan. for BTC.
i.imgur.com/osTZzU5.png
259,600WON = 240USD
i.imgur.com/IBYXkIU.jpg
i.imgur.com/VDThsYZ.png
Comment
bloomberg.com/news/articles/2018-02-02/bitcoin-s-kimchi-premium-has-vanishedEither way, it seems to have stabilized for now.
Is the handle formation now?
Comment
Breakout yet to be confirmed. Satoshi value needs to hit about 0.0145 for a rocket ship.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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