matthewkatz72
Short

NEO still going

BITFINEX:NEOBTC   NEO / Bitcoin
NEO looking like it is for sure on a wave 5. Potential sell zone is in blue. (Not financial advice)
Comment: Neo is currently squeezing around .01395, hopefully we pull above the new resistance of the 236. Happy trading.
Comment: As we push towards the squeeze the 12day ma and the 60day ma are recrossing after a bearish sign. Looking like we will come out of this squeeze bullish.
Comment:

Good sign
I thought shoulder-head-shoulder in this configuration was a reversal trend pattern ? How can it be a bullish sign ?
Reply
@Aubebe, Honestly not sure if it's a head and shoulders. Just experimenting. Thanks for the question!
Reply
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