NEOUSD Falling Wedge right on 0.618 fib retracement and structure. Let's see if predictions play out correctly and we break to the upside and create a bullish flag.
Main reason why I see a bullish flag is because alot of other cryptos doing the same at this moment (Bitcoin, Litecoin and Ethereum).
Main reason why I see a bullish flag is because alot of other cryptos doing the same at this moment (Bitcoin, Litecoin and Ethereum).
Comment:
NEO UPDATE:
Neo is playing out perfectly so far. Broke out of the Wedge and attracted a bunch of bulls. The Coin has risen from $27.365 when the analysis was created to around $31.851, ~14% increase in 3 days and I see it going even higher up from here. The bullish flag initial prediction was very bold, even when price was still inside the Wedge consolidating but let's see how it plays out.
Neo is playing out perfectly so far. Broke out of the Wedge and attracted a bunch of bulls. The Coin has risen from $27.365 when the analysis was created to around $31.851, ~14% increase in 3 days and I see it going even higher up from here. The bullish flag initial prediction was very bold, even when price was still inside the Wedge consolidating but let's see how it plays out.
Litecoin analysis
Bitcoin analysis