jayandrae

NEO Inverse H&S second attempt?

BITFINEX:NEOUSD   ネオ/米ドル
After a strong rally from last week across the market, we expect now a pullback from a lot of cryptos. For NEOUSD, seems we might be forming an inverse H&S over the coming days if this pullback does happen. Expected buy zone/spike at $50 - $65. Potential H&S target at $120 - $140. Over the weekly NEO graph though, we are expecting a bullish MACD crossover, so the right shoulder might not even be below $65 or even $70.
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