bruss056

NEOBTC: Post-ONT airdrop

bruss056 Updated   
BINANCE:NEOBTC   NEO / Bitcoin
Neo had a lot of selloff post-airdrop of ONT for all holders, which also caused it to be overbought --> oversold.
Looks like it wants to break this downtrend channel/ (falling wedge? correct if i'm wrong).
Already bounced off previous lows

MACD crossing, MA7 wants to cross MA25, could test MA99 tonight/tomorrow.
RSI continues to rise to higher highs, but not translating to price movement.


Comment:
Still falling within channel. Extend the lines and wait for a reversal.

0.01015 is recent low.. and it looks within reach.
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