This is a neobtc chart. Now we analyze neousd chart, but we can find similarity between previous pump and current chart flow.
The previous thing made high point three times, and breakout two times.
And we can see peak three times, and a breakout in current chart. So if second breakout occurs, it will be a catalyst for pump.
This is a long-term view.
How far can Neo go? Once the price starts to rise, Only the market know.
But I just know where the price can resist. The green lines shown on the chart are strong resistance lines.
交易結束:目標達成
Anybody there?Mid term target reached :D
註釋
The following scenarios.The price is converging to one point.
The shape is like a wedge, but the wedge is a continuation pattern.
So we do not have to focus on patterns. This is a just convergence.
And it means a general convergence before the sudden move of the price.
If the price breaks the resistance line, we can expect an immediate Neo rise.
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