NEO \ BTC falling wedge in a downtrend? maybe...

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NEO\ BTC

Analyzing NEO BTC (bitance) chatd we see a very very long downtrend from April (0.009 BTC) to August 2018 ( 0.0024 BTC)

On september NEO broke downtrend and has entered in a falling wedge triangle where now we are in.

Falling wedge in a downtrend is a bullish signal so we expected IF NEO dont broke lower support a testing in area 0.003100 BTC

IF NEO broke down support.. well... there's no other support... free fall to hell.

MY PERSONAL TRADE (it's only my personal trade not a suggestion!!)

  • ORDER LIMIT:
    BUY ORDER if price reach 0.001635 SAT (now 0.001623 sat) i'll lower this entry point every 5 sat (0.001630 when reach 0.001618 and so on)


please fell free to comment below.

Thank's.

F.E.

Nota
black line seems to be new resistance... bad situation if confirmed
BTCdeepfallinghellLONGNEOTrend AnalysisWedge

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