Overnight, sure enough, Bitcoin prices surged and confirmed the inverse Head & Shoulders pattern. Beautiful completion! Prices are now at $4,323 as I type this update.
Here is a chart of NEO. In previous updates, I had stated that NEO had been leading the price pathway and as to how long this will occur, it wasn't certain. Well, the batton has now been passed back to Bitcoin. What indicates this? The below chart is NEO displaying a very sexy inverse Head & Shoulders Botttom which Bitcoin did last night and completed. So, NEO is now following Bitcoin. As I said, sentiment is very fickle. Short term target using this H&S pattern is $36.68
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.