FYI my trend lines are drawn on the monthly.
To me it appears NEO is hitting the bottom trend line in a falling wedge, from here we either break below 1500 and free fall as others are saying, or we hold and bounce back to the upper trend line of the falling wedge. What do you think?
My previous post predicted that we had found the bottom from the last impulse. Today the 4H chart is showing a cup and handle formed, wait for confirmation of this pattern by seeing a break above 155,000 satoshi. If this breaks down I expect support to be found at around the 135,000 satoshi level before continuing northward. Wave 3 targeted at .004 satoshi...
