Alts season is almost there!
Many alts showed bullish signs in the past two weeks. These are test tries, the bulls are pushing the buttons, testing the waters.
NEO had a brutal downtrend from 199 to 44 USD in just a matter of months, now it seems finally found a good bottom with a strong bounce from it.
If you think about inverse H&D shoulders, now we start to print the right shoulder, the RSI divergence is visible as well.
All very good signs for NEO.
I believe BTC will go sideways from now and the Alts will be pumped first, many of them to the old ATH and beyond.
NEO will go to 200 USD, of course intermediary targets on the long way up.
80 USD looks like a good one, two fib levels are aligned there.
Buy zone is below 51 USD.
Enjoy!
Many alts showed bullish signs in the past two weeks. These are test tries, the bulls are pushing the buttons, testing the waters.
NEO had a brutal downtrend from 199 to 44 USD in just a matter of months, now it seems finally found a good bottom with a strong bounce from it.
If you think about inverse H&D shoulders, now we start to print the right shoulder, the RSI divergence is visible as well.
All very good signs for NEO.
I believe BTC will go sideways from now and the Alts will be pumped first, many of them to the old ATH and beyond.
NEO will go to 200 USD, of course intermediary targets on the long way up.
80 USD looks like a good one, two fib levels are aligned there.
Buy zone is below 51 USD.
Enjoy!