Hello.
He have an interesting chart here.
-We have a triple bottom on 50% fib retracement.
-We have a bullish flag pattern. (Big pole and consolidation after the pole)
-Price is breaking this consolidation (downtrend line)
Fundamentals.
Chinas "Ghost Month" that started on August is finally coming to an end (September 9). Remember that Asian cultures are very superstitious. They avoid investing in the ghost month since its believed to carry bad luck. I think investors will look to buy NEO after September 19 since Neo's price is very under valuated right now. Added to that, I can not expect even more bad news for Chinese crypto-world after all that happened this month. haha
I think the panic sell and bearish momentum its over and I can see a 60$ Price by the end of November/December.
*If you like this analysis and profit with it don't hesitate about following me and thumbs up this chart.
Good luck!!
He have an interesting chart here.
-We have a triple bottom on 50% fib retracement.
-We have a bullish flag pattern. (Big pole and consolidation after the pole)
-Price is breaking this consolidation (downtrend line)
Fundamentals.
Chinas "Ghost Month" that started on August is finally coming to an end (September 9). Remember that Asian cultures are very superstitious. They avoid investing in the ghost month since its believed to carry bad luck. I think investors will look to buy NEO after September 19 since Neo's price is very under valuated right now. Added to that, I can not expect even more bad news for Chinese crypto-world after all that happened this month. haha
I think the panic sell and bearish momentum its over and I can see a 60$ Price by the end of November/December.
*If you like this analysis and profit with it don't hesitate about following me and thumbs up this chart.
Good luck!!