After giant cup and handle
pattern, the bitcoin
dip has suppressed the breakout of NEO however I have plotted a pitchfork
and we look like we're approaching the lower line meaning strong support, as well as this, we are nearing up to 100 day moving average support and the 50% fib level all pointing to a breakout. the top pitchfork
line lines up perfectly with the prediction of a cup and handle
pattern breakout further supporting this idea.
Targets are identified with the dark blue dashed lines.
Perfect time to buy is now.
Please set a stop loss accordingly.
Any comments or messages will be much appreciated. If you want me to do some technical analysis
on any other coin, please let me know!
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I am not a financial adviser, please trade at your own risk.