NEOBTC Can Be Trading At The Support

14 jun

We went through some XXXBTC cross pairs and we can see an interesting pattern on NEOBTC chart. On the weekly basis it can be finishing final subwave (5) of the wedge pattern within wave C of an A-B-C corrective decline from the highs. It's telling us that NEO looks promising, but it's weekly chart, so it may take some time before we will see a rally. Keep in mind that bulls may step in only above channel resistance line and 0.00085 region.