NEOBTC Breakout

26 Feb 2018

So It's been a little while since NEOBTC has made a big push. It is right up against previous resistance and its been there for about 40 days. The 50 day has come up to meet its current standing. BTC has been on the way down and NEO is looking strong. Will it hold it's USD value while BTC drops a solid 40%? If so, its BTC value will go up significantly in the next 10 days or so. NEO is also having a positive MACD cross lining up. Could we see new highs for NEO in the next 10 days? Volume has really come down. Is anyone expecting a burst?

8 Mac 2018

Nota

Seeing an upward trend line developing. Lets keep an eye on it and see how price action interacts. It could be a jumping point for some new gains.

8 Mac 2018

Nota

Here it is zoomed in on the 1H. Its just riding right along that support line.

8 Mac 2018

Nota

There is decent support at .0085 if it dips below this trend line.

8 Mac 2018

Nota

Zooming out a little further to see the ascending trend line for NEO.



You can see where it dipped below the blue ascending trend line In December (red high-light) and bounced off previous support at 195K (green dash) and then being pulled up quickly and recovering at the trend line.

8 Mac 2018

Nota

If it drops below the ascending trend line again. We can see support at 85K, 55K and 45K.

It is possible that it could touch 45K again. If it does! What a GREAT time to buy! It would likely rebound very quickly.

8 Mac 2018

Nota

Correction:
850K, 550K and 450K

19 Mac 2018

Nota