!!! MAJOR TREND LINE - History/Analysis - NEO !!!
NEOBTC -3.14% recently hit the long term trend support.
Price level around 0.0070 to 0.0072.
Based on the chart above, we notice NEOBTC -3.14% has shown major response to this important trend line .
AUG 2017 - NEOBTC -3.14% rallied over 400% after finding the support @ 0.0025
NOV 2017 - We observe side-way price action around the trend line
JAN 2018 - Rallied nearly 200% to reach an all time high of 0.015
MAR 2018 - Bouncing off the trend line with around 40% upward movement
MAY 2018 -
This is an important trend line which we cannot ignore.
Based off history, we should expect a major movement or sideway action.
This can also be considered a great level to BUY some NEO.
Please provide your inputs / thoughts on this.
Don't forget to like & follow for more.
Twitter: @WhitePanigale
Price level around 0.0070 to 0.0072.
Based on the chart above, we notice NEOBTC -3.14% has shown major response to this important trend line .
AUG 2017 - NEOBTC -3.14% rallied over 400% after finding the support @ 0.0025
NOV 2017 - We observe side-way price action around the trend line
JAN 2018 - Rallied nearly 200% to reach an all time high of 0.015
MAR 2018 - Bouncing off the trend line with around 40% upward movement
MAY 2018 -
This is an important trend line which we cannot ignore.
Based off history, we should expect a major movement or sideway action.
This can also be considered a great level to BUY some NEO.
Please provide your inputs / thoughts on this.
Don't forget to like & follow for more.
Twitter: @WhitePanigale
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