$38 sell wall is a double top in the making, should hit 38 then expect drop to major supporting trendline around 32 before turning bull again as the RedPulse ICO commences.
Clarifying, the volume necessary to knock out 37 and get to the 38 sell wall wasn't there for the Redpulse ICO despite it completely selling out.
FlourishingCapital
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Played out almost exactly as predicted. Smaller sell wall at 37 started downtrend back to 31/32 support area. Now that that barrier is removed we can expect to revisit the 38 sell wall perhaps in the next day or so.
@moibelgal, Thanks, posted update. I expect the event on monday to trigger rise to revisit 38 sell wall. Ultimately I expect a break out over 40 but it may take a few attempts and some stellar news timed with it.
sirimport
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@Ghaleon, so NEO pulled back to $30 ... now you expect NEO to revisit the $38 range?
FlourishingCapital
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@sirimport, yes it will get back there, there are a number of events coming up.