Two weeks ago, I posted a chart w/ three scenarios. Unfortunately, we had to go to this one (as NEO lost the $100-line).
From this Gartley pattern, the first target would be $128, which has been reached. The second target is XA=D~target, so around $220, which is also close to the 1.618 extension of CD.
There may be some resistance at $168 & $200 (A & C levels).
We do seem to see volatility decreasing, so there's a small probability this may turn into a rising wedge. But as the market is warming up, it may not happen.
From this Gartley pattern, the first target would be $128, which has been reached. The second target is XA=D~target, so around $220, which is also close to the 1.618 extension of CD.
There may be some resistance at $168 & $200 (A & C levels).
We do seem to see volatility decreasing, so there's a small probability this may turn into a rising wedge. But as the market is warming up, it may not happen.
Nota
Just learned that NEO is having ONT airdrop in 10 days. Except some bull runs.
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Penerbitan berkaitan
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.