I posted a chart a few days ago and the price fell for a day or two, but has gained nice momentum and volume. I have overlaid the Bolinger Bands this time to show how BCC should follow my trend line (green) back up as previously predicted. Despite maybe being slightly oversold, BCC has tremendous upside and really strong support shown in black. Easy money right here.
Despite the FUD surrounding China's ICO ban, NEO will bounce straight up in the upcoming days. NEO has always, and continues to operate withing the Chinese government policies. I actually believe the regulations will help NEO since there will be less sketchy alt coins being produced everyday. With that being said, it is apparent that NEO dropped down and bounced...
Really strong support at 0.1135 which was also a 50% retracement from the previous bull run. BCC has held support and began to trend back up. Depending on strategy, look to take some profits around the BLUE line at .1801, but assuming decent volume, holding until the region represented by the yellow bar wouldn’t be a bad idea at .25. I have been patiently waiting for this!
ETH has great support as shown by the line in black. Is oversold according to RSI and should bounce nicely assuming additional volume. Once the uptrend begins look to ride the uptrend back up to .0848 at least. Only my 2nd chart so take it easy on me guys. Enjoy
