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kotarosignals
Oct 28, 2018 7:04 AM

Not good for NEO against the BTC Short

NEO / BitcoinBinance

Description

The descending triangle pattern is pretty clear for NEO. Not only that, we see a tiny MACD divergence against the price.

All points (including my bot) tells me to short this.

If price breaks the support (into the red box), look for the the downhill trend to continue.

Trade closed: target reached

Hit the stop and had a nice fake bull.
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