Doesn't look good to me!Shoulder head Shoulder Pattern. it broke the Neckline. Looks like it goes down.
NEO-BTC
NEOBTC | Getting back on track againUnfortunately, recent ideas are heavily biased. I stopped sharing mine till I can test them for few days. I made 200% profit on last two investments. Here is my prediction for $NEO / $BTC for the next few days
NEO To Retest .0107 Again Before Next PushNEO
NEO has tested its 1.07m sats (.0107) support line twice now, and will be bouncing once more tonight before it begins it's third major push. It's possible that NEO will not retest support again, and will just continue up from the current price 1.17m sats (.0117). But due to NEOs odd pattern of making huge moves at around 3am EST every night, I think that's when we'll see the move. The next major support line rests at 600k sats (.006), and if NEO breaks support at .0107, we might see a serious dip before the next reversal (unlikely based on NEOs history).
BUY: .0108
SELL: .014 - .015
STOP-LOSS: .01 (possibly a little lower)
Triangle Forming for NEO? Traveling in Band possible break out?See my notes on the chart
Triangle forming is this an upward ascending triangle?
What the next few days might look like for BTC-NEOSmall pennant forming now, possible breakout before next dip.
NEO - Looking good...right nowSo, tons of charts on NEO I'm sure, but I thought I'd add my 2 cents from an amateur perspective.
Nice uptrend after the correction which has crossed over both EMA (9, 30), so looking bullish there.
Price action tracking well against RSI too.
I didin't include the Bollinger Bands, but price action is on the plus side of that as well as Stoch.
Also, when I did an Elliot Wave count, I feel like we are moving into wave 5. I'm super inexperienced on EW, so I'm not putting much faith in that.
So until we start challenging those previous resistance lines, I'm feeling good.
Let's see...
BTC-NEO Next MoveNEO preparing for it's next rally after BTC enters it's much needed correction. RSI shows NEO is oversold right now, and ready for a reversal to an uptrend.
Antshares/NEO 2.0 releaseHype and release IMO priced in. 1 week run and more then 100% gains. People are currently taking profits. Tomorrow news will most likely cause another run up and we will get into a temprarly downtrend for the next days.
Good entries:
0.0047
0.0042
