NeoButane

$NEO - TA/FA - Going sideways, watch for a new ATH or a dump

BINANCE:NEOBTC   NEO / Bitcoin
Parameters:
  • NEO/BTC - 4H - Binance
  • Log scale, 15/15/15 top/right/bottom margin scale (if that matters)
  • 8/13/21/55 EMA Philakone style
  • Bollinger Bands based on the Fibonacci ratio
  • RSI hlines at 30 and 70

Technical analysis:We aren't near the ATH             , but we did hit 0.144.

The boll bands along with the resistance line is making NEO go sideways; this is where you pull profits or set a stop loss.

Fundamental analysis:
I have been following NEO on Binance for a while now; it is very saddening to see order book manipulation occur. Koreans have access to both their own local and international exchanges, leading to arbitrage on internationally welcome exchanges. This has stopped NEO moons multiple times.


https://i.imgur.com/pezleYq.png
https://i.imgur.com/IBYXkIU.jpg
Sell walls popped up out of nowhere while NEO was going up on Coinnest.
(this was a few weeks ago)
Thanks for the heads up. I bought some neo at 40 dollars, Sold at 160, unfortunately rebought in at 127, didn't expect it to tank to 70 dollars. Do you think i should sell off again, put it in USDT or BTC and then buy on the bounce thats probably going to be around 80-85 dollars?
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