Despite problems came out on Neo in the past months, now it still looks really strong.
Neo/Btc pair looks strong too.
From this analisys you can watch the incredible volume came in in the 14/15/16 area (me, included ! :) )
Then you can see we successfully broken the 20 resistance that now will work as a support.
My targets are 28/39/60/80. I'm confident that we will reach the first target soon. To reach next targets, bitcoin 1.38% need to break long term downtrend.
MACD looks still in the negative territory, with the short period one way over the long period one. Bullish indicator! :)
The MA 50/100 cross is not near yet, but it could come in the next weeks.
Neo Longs are medium/high but Shorts are at ATH -0.52% . Possible short squeeze too?
I'll keep you updated!
Neo/Btc pair looks strong too.
From this analisys you can watch the incredible volume came in in the 14/15/16 area (me, included ! :) )
Then you can see we successfully broken the 20 resistance that now will work as a support.
My targets are 28/39/60/80. I'm confident that we will reach the first target soon. To reach next targets, bitcoin 1.38% need to break long term downtrend.
MACD looks still in the negative territory, with the short period one way over the long period one. Bullish indicator! :)
The MA 50/100 cross is not near yet, but it could come in the next weeks.
Neo Longs are medium/high but Shorts are at ATH -0.52% . Possible short squeeze too?
I'll keep you updated!