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sagawa
Aug 17, 2017 7:39 PM
NEO Head & Shoulders Update
BITTREX:NEOBTC
240
Neo / Bitcoin
Bittrex
Description
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Aug 17, 2017 7:39 PM
The Head & Shoulders pattern does fit here, but it is possible that we go back to the support line at ~ 800.000
Comment
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Aug 19, 2017 10:57 AM
H&S is complete now , and the bounce gave us a big green candle, definitely still bullish
Trend Analysis
Chart Patterns
Wave Analysis
Comments
SijanC147
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Aug 17, 2017 7:45 PM
how is this H&S inverted?
sagawa
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Aug 17, 2017 7:46 PM
@Sijan117, If we go further up like the current 4hr candle suggests, if not it is a normal one ofc
sagawa
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Aug 17, 2017 7:50 PM
@Sijan117, I dropped the inverted, was unncessary anyways because it is still uncertain
sagawa
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Aug 17, 2017 7:57 PM
ok, you mean the upside down version of H&S that is called inverted H&S aswell, should have used another adjective there, haha
SijanC147
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Aug 17, 2017 8:10 PM
@sagawa
, no problem, i think i got what you mean heh, I really wished there was an actual inverted H&S I was missing :(
SijanC147
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Aug 17, 2017 8:11 PM
just as a sidenote, afaik the upright H&S pattern is a dip indicator, so if we go down to support line at 800, it'd be confirmed H&S pattern.
sagawa
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Aug 19, 2017 10:50 AM
@Sijan117, so it is confirmed now
SijanC147
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Aug 19, 2017 2:23 PM
@sagawa
, indeed it has, let's hope it goes all the way with those upwards arrows too :D
sagawa
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Aug 19, 2017 2:33 PM
@Sijan117, yes, we should know if it happens soon or not
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