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Neo / Tether

Clarifying Trend Channels Chart

Oleh StoneTroyWestray
This is a revised chart from a previous post. NEO -0.97% appears to have bounced off the trend line of a lower uptrend line. Price still within local -1.93% down channel but I believe this past downward movement to simply to be a market correction. This coin has great potential. I predict the price to adopt the less steep and more sustainable trend of the upward channel with the bold line.
Beyond Technical Analysischannel-reverseDescending ChannelMoving AveragestrendcontinuationTrend Lines
StoneTroyWestray

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