Despite problems came out on Neo in the past months, now it still looks really strong.
Neo/Btc pair looks strong too.
From this analisys you can watch the incredible volume came in in the 14/15/16 area (me, included ! :) )
Then you can see we successfully broken the 20 resistance that now will work as a support.
My targets are 28/39/60/80. I'm confident that we will reach the first target soon. To reach next targets, bitcoin need to break long term downtrend.
MACD looks still in the negative territory, with the short period one way over the long period one. Bullish indicator! :)
The MA 50/100 cross is not near yet, but it could come in the next weeks.
Neo Longs are medium/high but Shorts are at ATH. Possible short squeeze too?
I'll keep you updated!
Neo/Btc pair looks strong too.
From this analisys you can watch the incredible volume came in in the 14/15/16 area (me, included ! :) )
Then you can see we successfully broken the 20 resistance that now will work as a support.
My targets are 28/39/60/80. I'm confident that we will reach the first target soon. To reach next targets, bitcoin need to break long term downtrend.
MACD looks still in the negative territory, with the short period one way over the long period one. Bullish indicator! :)
The MA 50/100 cross is not near yet, but it could come in the next weeks.
Neo Longs are medium/high but Shorts are at ATH. Possible short squeeze too?
I'll keep you updated!
