NEO Possible Scenarios - More Likely To Dump For The Moment

14. Jan. 2018

Chart is pretty much self explanatory. There is a rising wedge formation. Nevertheless, it could still go up. My opinion is that the whole market is about to dump and NEO could be going all the way down to 0.0076.

Good luck!

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14. Jan. 2018

Anmerkung

NEOUSD also showing a rising wedge pattern.

14. Jan. 2018

Trade ist aktiv

5 min chart in NEOUSD showing a very bullish triangle. If it breaks up, it should continue going higher to 180.

14. Jan. 2018

Trade ist aktiv

NEOBTC continues it's bullish momentum. Creating a triangle likely to break up.

15. Jan. 2018

Trade ist aktiv

Broke up the triangle and then dumped. Now creating a BEARISH DIVERGEANCE.

16. Jan. 2018

Anmerkung

NEOUSD not looking that good.



I think it's going to bounce at the red line.

When it entered the new FIB level it was just too much gravity to stand to, and it just lost the battle.

18. Jan. 2018

Trade ist aktiv

So after dumping with the rest of the market and the consequent bounce, we have NEOUSD forming a pattern. Not sure if it’s a megaphone in a downtrend or a broadening bottoms so it could go either direction now.

18. Jan. 2018

Anmerkung

I think it’s more likely to dump by the way.