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Jayyflow44
Sep 15, 2017 10:32 PM

NEO Uniformity Line Backtesting 

NEO / BitcoinBitfinex

Description

Just practicing some technical analysis on this chart to see how good of indicator the uniformity line proves to be. Uniformity line seems significant. 100 moving average seems to provide significance as price action tends to dance around that area.
Comments
kash27
What are your short term projections?
Jayyflow44
@kash27, Short term as in next 6 hours, next day, next week? What time frame are we talking?
kash27
@Jayyflow44, next few days and next few weeks.

Thanks for the analysis.
Jayyflow44
@kash27, I think when the market does return NEO will experience some massive gains. I think the market will start to go back up within 2 weeks after the events in China clear up. Buyers will step in during the next couple of weeks but not the next couple of days.
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