Break Symmetrical Triangle pattern in downside and may market fall from here till the drawn range (blue box).
The Market can go more down as per pattern, but there is support drawn in the chart as a blue box and might be market hodl there and bounce back.
Currently, the market is hodling its support will keep eyes on that point, pretty sure it will break.
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The monthly chart of neobtc looks pretty dangerous, if you're bullish on the NEO project.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 90% more downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to...
The monthly chart of neobtc looks pretty Risky.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 80% additional downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight...
NEO is in its descending channel and now it has made a falling wedge and is trying to get out of its descending channel. So with the weak bullish market we have especially with BTC we can expect some good gains from alts and we should focus on top alts which are solid project with a strong community which is ready to buy and push the price when there is bullish...
