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BJiRONSiDE
Aug 23, 2017 3:32 PM

NEO -BTC 4hr Long

Neo / BitcoinBittrex

Description

I think that the breakout came at a perfect time, you can see all the trend lines collided and if I could add more indicators you would see a lot of data was pointing in this direction. Also keeping strict watch on the order books, time it right and you can watch the magic happen. Long term Neo holder.

Comment

Switching to 1hr view, the chart at the moment is just touching the upward trend line, semi major 15btc support line being around 930,000sats with no heavy sell orders. Book looks healthy. Neo is doing really well against BTC rocketing.

Comment

Sorry, above chart represents ZRX
Below is the NEO BTC 1hr chart
Comments
rockmancuso
Absolutely right, there was a lot of data pointing in this direction, and reality is following the TA pretty closely! Thanks for the analysis!
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