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communist
Sep 27, 2017 4:02 AM

NEO Buy Time to Break Resistance! (BULL) Short

NEO / BitcoinBitfinex

Description

NEO just broke a great psychological barrier, or resistance: 700k SATs. Since this is a clear break on the 30 min clock, we can now confirm that the 700k turned into a psychological, or emotional support. It's going to bounce down towards the support and bounce back up to, and possible past 740k. The same thing has happened after the exact same type of pattern (asc. triangle), where it bounced off the exact support line and continued a bullish trend.

Comment

Pay attention to the Stoch oversale...
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