NEO / BitcoinLong
NEO – bullish pattern – 35% quick gain possible.
Updated
Hi Guys!
We are sure many of you heard about NEO.
It made 350X gain in 2017.
Will it repeat its success?
Well, maybe it won’t be as much spectacular as it was two years ago but…
Let’s take a look at the chart and indicators.
• The current price level is one of the lowest ever. This is the accumulation time.
• Ichimoku Cloud - The new bullish bar starts above the TenkanSen(red)
and KijunSen(blue) and the bottom of the cloud. GOOD.
• Weis Waves – The supply is falling down since the beginning of May.
Nice amount of demand has shown up.
• Bullish ascending triangle observed – our minimum target is 0.002300
• Further target possible – 0.002740
So this should give us a quick 35% profit according to the bullish ascending triangle theory.
Wait till this triangle is broken up.
What do you think?
Are you on board?
Thank you for reading.
Hit a like to support.
MASSIVE Hugs!
WBM Team
We are sure many of you heard about NEO.
It made 350X gain in 2017.
Will it repeat its success?
Well, maybe it won’t be as much spectacular as it was two years ago but…
Let’s take a look at the chart and indicators.
• The current price level is one of the lowest ever. This is the accumulation time.
• Ichimoku Cloud - The new bullish bar starts above the TenkanSen(red)
and KijunSen(blue) and the bottom of the cloud. GOOD.
• Weis Waves – The supply is falling down since the beginning of May.
Nice amount of demand has shown up.
• Bullish ascending triangle observed – our minimum target is 0.002300
• Further target possible – 0.002740
So this should give us a quick 35% profit according to the bullish ascending triangle theory.
Wait till this triangle is broken up.
What do you think?
Are you on board?
Thank you for reading.
Hit a like to support.
MASSIVE Hugs!
WBM Team
Note
Ichimoku Cloud and volumeNote
Note
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