We are coming closer & closer to the apex of this long long long drawn out decline. Above 7200 is extremely bullish movement, and should be considered a 30% chance to do so.
It looks, more so that we will retest this 6k support yet again, and if it breaks - a flash to the 4.9k mark is immenient.
ETF denials that nobody is mentioning yet, a slight pullback from...
$NEO is a massively undervalued digital asset as it stands, so the long term accumulation is still at play.
However, in the short term - It has fetl some quakes. Its recently dipped on both the 15m,30m, 1hr.
Its still in the upward channel, and could be a possible breakout trade at any moment. I expect a nice scalp here from 2770 - 3000 or so, especially if $BTC...
OVER THE PAST 21 DAYS THESE HAVE BEEN THE SUPPORT / RESISTANCE POINTS.
BTC, DECLINED ETF, NEGATIVE NEWS, HOWEVER PRICE ACTION IS STEADY.
KEY NOTES :
SHORTS GOT LIQUIDATED (EASIER DROP)
SECOND SUPPORT (5.9) BEEN RETESTED 4 TIMES THIS YEAR (GETS WEAKER EACH TIME)
COULD TEST NEW LOW FOR 2018 - 4.95K IN THE WORKS OVER NEXT 45 DAYS.