Hello traders,,,
Today I will show you my idea about NEOBTC& NEOUSDT
NEOBTC is now having a Gann trend support and it is really important that NEOBTC stays above this resistance or we might go back to old prices, if new could stay above this support (2 daily close)
we might go to 0.000577 then 0.000599 and last target is 0.000682
If this scenario happened this will affect at NEOUSDT because if NEO get bullish versus BTC ,, NEOUSDT will go bullish too
so if NEOBTC go bullish our target at NEOUSDT 25.39 then 27.2 and our last target is 28.69 🙂
NEOUSDT is now having a golden resistance (0.618) using fib extension if NEOUSDT could break this resistance with good volume we might see our targets
and now for RSI in both charts there is NO DIVERNGES that mean that our ascending channel is not strong enough to make the price go bearish BUT IT COULD HAPPEND IF WE NEO DOES NOT BREAK RESISCTANCE
Conclusion:
If NEOBTC get bullish NEOUSDT is likely to have the same.
This analysis has done by using Gann methods and Fib extension and RSI indicator & chart pattern
if you have any other opinion please feal free to share it in the comments below ,,,,,
Remember in this oscillatory market try to enter with volume
Have a nice day :))