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EuroDale

NEO/BTC looking for a breakout: 50% profit, excellent R/R

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NEO / Bitcoin (BINANCE:NEOBTC)  
EuroDale Uppdaterad   
BINANCE:NEOBTC   NEO / Bitcoin
Trend Analysis Chart Patterns NEOBTC
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trendanalysis chartpattern neobtc
Looking very bullish, close to a breakout from 2-year trendline, should go to at least .0016. If it breaks above that, we could see a repetition of OMG/BTC.

The rest is self-explanatory.
Kommentera:
Added another horizontal line to show why there is such big resistance at .0016-17

snapshot
Kommentera:
Getting very close now. Expect to first break into the red ichimoku cloud, then hit the top of the ichimoku cloud, then reach the top trendline, with retests at every step of the way.

TP1 .00129
TP2 .00149
TP3 .00169
TP4 .MOON
Kommentera:
Here we go, moment of truth:

snapshot
Kommentera:
A definite setback with BTCs rapid rise. Everything depends on what BTC does next, but here are the areas to look for.

snapshot
Kommentera:
Right as expected. You're welcome.

snapshot
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