We're going to retouch the major uptrend again during the inevitable summer slump - Buys will get filled $51-$55 nicely - Neo should see $320 next time we hit the top at ramming speed
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This is worth paying attention to - The Phantasma Ico on the Neo Blockchain starts on 22nd May
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Everything moving to plan
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Get ready fine Neo people here it comes....
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Success - Downtrend holds again
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Lots of bad calls going around concerning NEO breaking the major trendline - It has not happened, they are n00bies using the wrong chart - We use the 'Neo/Usd as calculated by TradingView' chart, it is the oldest, Neo was originally only trading against Btc, it didnt start trading against Usdt on Bittrex until later and the Bitfinex chart months later - Now i've seen those charts i realise how it is we've managed to get so much bottom dollar Neo :P
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Nope that a pic of the enemy lol - this Neo trendline
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Nice double bottom on Neo - People generally think they are just W shaped patterns on charts but with day candles they look like this. Has to be Red then Green in that order at the bottom of a movement down, the candles often look identical in shape to each other - If you are seeing a Green then Red at the top of a movement after a rally, in that order they are a double top
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On the minor chart the candles are about to leave the arc pair - On the major chart the candles have left the support of the major uptrend and now have the steeper support of the tube -like arc pair - Price increase is soon on the horizon
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I've reset the year old trend slightly, not something i like doing, Neo needs to hold here -
