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!
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!
Nota
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.
Nota
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/
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.
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.