BINANCE:NEOBTC   NEO / Bitcoin
This is nearly a 2 year chart of NEO, just looking for some patterns.

We have had 3 condolidation periods (10-20% range).
1st - 77days
2nd - 64days
3rd - is only at 42 days so far, may need longer to play out.


Each consolidation has had a bit of a push at the end.
1st one approx 70% (real world - this push would have shaken out alot with that red candle on the 2nd day!
2nd about 30% (pull backs along the way)

The 55ema also seems important here
resistance for the 1st block, support for the 2nd and now back at resistance.
A good break of the 55ema or box could possibly be a good trade, with the proper risk management.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.