Chart: NEO in the Danger Zone!

in #neo • 7 years ago (edited)

  1. Bearish descending triangle formation.
    Value may quickly fall by upto ~300,000 to ~350,000 satoshis if it breaks below support at around 0.00448356

  2. Possible breakout upwards soon, early November?

  3. China: markets reopening could breathe new life into the NEOBTC market.

  4. Entering at this level could be premature!
    Wait for confirmation of an upward trend.

  5. Consider selling if NEOBTC goes below support.

Link:
https://www.tradingview.com/chart/NEOBTC/ehwS2Q2i-NEOBTC-DANGER-ZONE/

#neobtc #chart #analysis #cryptocurrency
7 years ago in #neo by
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