NEO/BTC (Elliott's Wave Theory Perspective)
The chart looks like it is breaking out of a downtrend (starting an Elliott's Wave pattern )and flirting with the long term resistance entering 2018 with a vengeance.
The ultra high (70+) RSI and closing MACD is indicative of a reversal typically between back to 0.5 fib to 0.618 fib of wave 1 as indicated in the chart above. And having a strong run into the third wave.
***Will be watching closely over next few days***
Good Luck Guys!
The ultra high (70+) RSI and closing MACD is indicative of a reversal typically between back to 0.5 fib to 0.618 fib of wave 1 as indicated in the chart above. And having a strong run into the third wave.
***Will be watching closely over next few days***
Good Luck Guys!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.