dukenewcombe

NEO possible growth, probable stall

Long
dukenewcombe Updated   
BITTREX:NEOUSDT   Neo / Tether
With the outage of Binance things for the last 36 hours have come to a grinding hault.

My plan was to sell 50% holding in NEO at $118, however when that hit yesterday I missed the boat as Binance had frozen all accounts. Pretty piss poor form if you ask me...

Anyway moving forward, while prices have not been great today I may yet still see another $118 in the near future. However I think this time It might be a 100% dump so that I can pull back a reassess everything.

My indications are that NEO isn't moving anywhere at this very second but it is moving towards the end of a triangle and there hasn't been any excessive pushes in the negative direction. I think there maybe another bounce of the lower triangle line and that will push the prices back to $118 . I guess the question remains do I stay to see if it passes R1 and heads towards R2 in a big push?

Got to love this game.

Cheers all,

Dave
Comment:
Well I almost happy to report on steady growth on Neo overnight. looks like the moving averages are starting to diverge in a positive direction. If it holds through $118 this could puch to $126 by end of day.


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