jpbrown1023

NEO - Bullish Buy Indicators Everywhere

jpbrown1023 Updated   
BINANCE:NEOBTC   NEO / Bitcoin
Taking a look at the daily chart for NEO, I see bullish signs everywhere. The price is currently holding above its most recent resistance line, which is now acting as support. The MACD is about to have a bullish crossover and it is about the cross the zero line. The last time it crossed the zero line the price went from .00175 to .0024, for a nice 37% gain. And that was wave 1. I'm hoping wave three can at least take us to Target 2 around the .0033 area. This would set NEO up for an inverse head and shoulders pattern for a killer wave 5. HOWEVER, before I get ahead of myself, BTC's stability will play a major role in how this plan unfolds. But I really like what I see on the daily chart.
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