TheAlchemist888

NEO Daily Cup and Handle formed?

Long
BITTREX:NEOBTC   Neo / Bitcoin
Daily Stoch RSI is not oversold anymore so could make a turn anytime, macd is still bullish.
Redpulse ICO 8th of October.
Neo to host a blockchain event 9th of October.
Neo will be added to Korbit (Korean exchange on the 15th of October.
The only thing slowing NEO would be the 50 million coins getting unlocked but the founders already stated that, these unlocked coins wont be entering the exchanges and will be supporting NEO projects and this is the schedule of how the coins will be unlocked
year 1: 50M to 50M = 0% inflation
year 2: 50M to 65M = 30%
year 3: 65M to 80M = 23%
year 4: 80M to 95M = 18%
year 5: 95M to 100M = 5%
year 6+: 100M to 100M = 0%
DYOR.
Comment:
I said oversold at the top, i meant overbought =) sorry about that
Trade closed: target reached:
Good upwards movement as expected. I sold at 0.00820 sats, may continue upward movement but enough profit for me.
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