I've been away from sharing my charts for a while now, but NEO (previously known as ANS or ANTShares) is the reason I got back. I've been following this coin since it was 14USD (only a few days ago) and it has exploded to the 50s! It actually had 140+% growth in a week... It's too soon and we don't have enough history to make proper TA, so I just threw some...
See my notes on the chart Triangle forming is this an upward ascending triangle?
The price is going to move downward for short term. RSI reverses in the overbought zone and it confirms price reversal. The support zone is formed by the uptrend line and 40.50 and 38 levels. This zone is a good place for buying. Long trades must be opened based on a confirmed reversal signal. If the market drops below 38.00 level, we'll see further downward...
NEO looks to be consolidating for a 4th-wave which could take us to $30, however, I think we get a bull-move out of there to about $50
Hey everybody, I think NEO can follow this patterns. MACD confirmation of the uptrend. Thank you, Cryptoz