Just an idea, however with Bitcoin Dominance so strong and most of the Alts dying a slow death.
This is probably a little optimistic in the current climate, however these are just observations.
Last downward wedge, price nearly made it back to the last high at 0.0183 we had a small bullish divergence just before the turn.
Looks very similar to the current...
Quick idea - Using the fibonacci time zone tool and placing the first two points on the start of an upward wave and on the end of the low,
we can see how perfectly the other vertical lines have lined up with other future moves. The number 13 vertical line is fast approaching, which
may indicate the start of the next move. A great wait and see for a potential 8%+...
In the last update we saw NEO finally had a change in trend direction, from what seemed the longest time, with a Higher High and Higher Low.
It then broke down a little from the blue line before exploding though to make a new Higher High at 0.001647btc for a total of a 16% rise.
Then a typical retrace of 0.5 on the fib, to then re-test the last higher high. It got...
NEO is looking interesting to me at the moment; a great looking chart.
On the 4h chart we have a change in trend with a higher high proceeded by a higher low (bullish).
Then followed by a double top with a divergence in rsi and lowering vol (bearish).
At the time of this chart we could be making a perfect Larger Double Bottom (bullish).
If it breaks the blue line...