I see some bear flags also, but I prefer to see the bullish scenario, don't blame me...
I was lost on the normal chart, but the log chart is full of resistances/supports, but we are quite close from a breakout, up or down...
Let's see if we close above, and if we break the selling walls.
I just think that the ONT token airdrop will be more like base jump for NEO, and with this H&S... It is note very risky to sell at ATH, and I think NEO will follow the same path as the other alts, it was just dalayed due to some great news (Weiss raked it A-) and also with the ICOs coming around the corner. It's a great long term investment, so I'll grab some...
Seems to be bullish over there, I hope we will have a breakout with the momentum we have today!
Let's hope the combo reversed H&S, C&H and EMA support will not fail...
The ICO I'm looking for during this month will be NEX. It is a token on the NEO blockchain that will act as a security (you get reward on the revenu of the project) on a new decentralized exchange (DEX). We know that DEX will be a very big deal in 2018, hacks after hacks, the centralized exchanges have proven that they can't be trusted, but right now we have to...
if the breakout occurs, let's see if the bulls are in again...
It whould be a great title for a movie...
Bitcoin will always be used as a store of value in this space, simply because nothing else in the space can have this use case, even coin pegged to whatever real life commodities. Just like things like Rolex or old fashion cars, it has the name, and it is a piece of history (the chart is very important as it shows the rise of a new technological revolution!)....
Looks bullish to me, let's see if the annual summit the 31 give us some steem!
Seems like a breakout to me, so let's aim for the fib!