NEO/USD ABCDE Triangle
Hundreds of alts including Bitcoin are presenting a consolidation Triangle Pattern
These patterns are very discouraging when waiting for good times again; but of course any black swan event or manipulation by strong sellers coming in can take hold. Regardless, it's still encouraging
This last low just yesterday was a textbook ending diagonal. If it holds, we should be on our way to the top of the channel. We shall work from there to see what the indicators and sentiment are telling us
My last call for a bottom in NEO worked out very well for a swing trade, but I like this project so much that I have some key holdings in cold storage earning dividends in the form of GAS. IMHO, GAS may surpass NEO's price as well which would push up NEO's prices with it
Hope everyone is well
These patterns are very discouraging when waiting for good times again; but of course any black swan event or manipulation by strong sellers coming in can take hold. Regardless, it's still encouraging
This last low just yesterday was a textbook ending diagonal. If it holds, we should be on our way to the top of the channel. We shall work from there to see what the indicators and sentiment are telling us
My last call for a bottom in NEO worked out very well for a swing trade, but I like this project so much that I have some key holdings in cold storage earning dividends in the form of GAS. IMHO, GAS may surpass NEO's price as well which would push up NEO's prices with it
Hope everyone is well
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