jlgriffiths

NEOUSDT - Crypto doesn't always respect TA

BITTREX:NEOUSDT   Neo / Tether
126 4 3
What looks like a bull flag may just be a downward trend channel
评论:
Where do you see it going now? Could this downtrend move be a 4, with a 5 hitting $50 or do you think its going to stay low?

Thanks for the analysis
回复
@kash27, You're welcome -- I'm afraid I have no idea.

I will say that NEOUSD spikes on rumors and out-and-out hucksterism on Twitter and elsewhere. I'm sure one day weeks or months from now, someone will spread another rumor about the PBC adopting it as the preferred currency of China, gifting every Chinese infant with 1,000 NEO, or something of that sort and it will spike again.
+1 回复
Might be, taking a risk on this one :D
回复
jlgriffiths longtermcrypto
@longtermcrypto, Good luck! I sold when it made that first LL, but I hope you do well.
+1 回复
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