NEO \ BTC falling wedge in a downtrend? maybe...

5 พ.ค. 2019

NEO\ BTC

Analyzing NEO BTC (bitance) chatd we see a very very long downtrend from April (0.009 BTC) to August 2018 ( 0.0024 BTC)

On september NEO broke downtrend and has entered in a falling wedge triangle where now we are in.

Falling wedge in a downtrend is a bullish signal so we expected IF NEO dont broke lower support a testing in area 0.003100 BTC

IF NEO broke down support.. well... there's no other support... free fall to hell.

MY PERSONAL TRADE (it's only my personal trade not a suggestion!!)

• ORDER LIMIT:
  BUY ORDER if price reach 0.001635 SAT (now 0.001623 sat) i'll lower this entry point every 5 sat (0.001630 when reach 0.001618 and so on)
  

please fell free to comment below.

Thank's.

F.E.

24 พ.ค. 2019

บันทึก

black line seems to be new resistance... bad situation if confirmed