$NEO - Korean arbitrage and a half year cup and handle formation

7 Şub 2018

NEO/BTC - D - Binance.

Korean arbitrage has been messing with international traders for a while now. Kimchi premium.

Take a look at these pictures:
i.imgur.com/drewbNr.png
ATH: ~$200, which is based on multiplying the hl2 of 14 Jan. for $BTC.

i.imgur.com/osTZzU5.png
259,600WON = 240USD

i.imgur.com/IBYXkIU.jpg
i.imgur.com/VDThsYZ.png

7 Şub 2018

Not

bloomberg.com/news/articles/2018-02-02/bitcoin-s-kimchi-premium-has-vanished
Either way, it seems to have stabilized for now.

Is the handle formation now?

7 Şub 2018

Not

Breakout yet to be confirmed. Satoshi value needs to hit about 0.0145 for a rocket ship.