Today’s update will be on NEOBTC , potential bottom and divergence!
Points to consider,
- Overall trend is still
- Next major resistance is at .50
- respecting uptrend (Need third touch to confirm)
- Stochs showing upwards momentum
- giving price resistance currently
NEO could be putting in its bottom after breaking its major structural support; the trend is still quite , however we do see a potential
The EMA’s are currently giving price resistance, bulls need to cross the EMA’s for the divergence to be intact, with the being low, we need to see it increase for confirmation…
The stochastics is showing further upwards momentum, this is quite as it goes hand in hand with the RSI’s recent developments…
What are your thoughts on NEOBTC? Is this a in fruition?
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“If you can learn to create a state of mind that is not affected by the market’s behavior, the struggle will cease to exist.” – Mark Douglas