Today we take a look at Neo Coin. Why I'm a huge fan of it, I already explained, so lets get right into the Chart.
I'm cost averging NEO for about 5 month, that's some tough shit if you loose very week. NEO is nearly in free fall due it hadn#t had any really bad news. Forming lower low over a longer period of time not resulting a a flash sell off indicates frustration of investors loosing there nerves over time.
But both of our indicators are giving us signals. The RSI is so deep in the reds as it could get since early august, low volume and holiday time have put NEO under pressure.
The MACD crossed around the 22.08.18 and gave us a bullish signal.
NEO has also left the falling wedge we see on pic 2, that's another bullish signal.
I stopped cost avenging NEO and bought myself a bigger position NEO and call it good for now investing in NEO for now and wait for the bullrun to come
I'm cost averging NEO for about 5 month, that's some tough shit if you loose very week. NEO is nearly in free fall due it hadn#t had any really bad news. Forming lower low over a longer period of time not resulting a a flash sell off indicates frustration of investors loosing there nerves over time.
But both of our indicators are giving us signals. The RSI is so deep in the reds as it could get since early august, low volume and holiday time have put NEO under pressure.
The MACD crossed around the 22.08.18 and gave us a bullish signal.
NEO has also left the falling wedge we see on pic 2, that's another bullish signal.
I stopped cost avenging NEO and bought myself a bigger position NEO and call it good for now investing in NEO for now and wait for the bullrun to come