Previous resitance on VEN as it rallied up is now being tested as support for a possible move up. Same horizontal line on RSI has served as support for previous price action. We should keep an eye on this.
POWR had risen to ATH in the last couple of days. However, it suffered a great dump yesterday. With the volume and fundamentals that are backing up this project and coin it has seen a rapid recovery in as little as 12h. Now it is closing in on a wedge that could potentially send it on a pump ride.
Trendlines can help you to identify patterns. Here we can see NEO jumping the different tiers of the pitchfan. It seems it is climbing on the third tier of the first pitchfan before moving on to the next one.
Different trend lines can help look for patterns. In such a volatile market, patterns can be deceiving. However, it seems like NEO is jumping from each level of the pitchfork fans. It seems like it's doing its climb on the 3rd tier of the first pitchfork before jumping to a new one.
Neo has been climbing in price for a couple of days now. This pump has been backed up by an announcement to be revealed 2 days from now by the NEO team. In the wedge formed by the support lines there's a clear intention for price to test resistance. With the volume accumulated in the past days price is very likely to keep climbing.