Here a possible halving path, we are at the end of this triangle (9940 / 9450 range) where we can repeat last path and skyrocket to 10245, where we encounter first perfect sell zone.
We have a rebuy zone in area 9980 / 9860 and then we can go up another time; this is not butterfly effect but halving effect!
we are in full triangle in a possible bullish flag
It's possible we will retest black line lower support at 7400 and then rebounce at 8125$ this will validate second scenario.
1° scenario: first triangle need broke up until 23 may (not so much probable)
2° scenario: second bigger triangle need broke up until 28 may (more probable)
if broke up, target is 10600...
Analyzing NEO BTC (bitance) chatd we see a very very long downtrend from April (0.009 BTC) to August 2018 ( 0.0024 BTC)
On september NEO broke downtrend and has entered in a falling wedge triangle where now we are in.
Falling wedge in a downtrend is a bullish signal so we expected IF NEO dont broke lower support a testing in area 0.003100 BTC
BCT usd follow a perfect parabolic movement,
4140 USD resistance has push down btc 3 times ( 20 dec, 9 jan, 23 feb) on 1 of aprile broke up and skyrocket to 5300 USD
Now BTS is into blue ascending channel into green triangle, next strong resistance is old black line ( 6700$ 21 sept, 6600$ 9 oct, and 6200$ 6 nov)
if broke up, BTC can touch 6200 level easly set...
EOS looks very weak and broke ascending blue trend channel on 23/04/2019, next support (black line) is at 8500 sat where EOS can rebounce.
Short if broke 8450 level:
target 1: 7820 sat
target 2: 6900 sat
target 3: 5780 sat
this is a personal view.
Possible movement of ONT \ BTC next month
Black line was support at 4600 and 4550 in april 2018 and became strong resistance from august 2018 at 4200, 4100, 4000, 3300, 3250
Green line, was support at 2000 and 1500 sat on march 2018 and return support from december 2018 to february 2019
ONT is in trend channel from 2000 (support) to 2500 (resistance), we are...