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Author Topic: [2015-12-14] Neucoin Price Technical Analysis – Watch This Channel!  (Read 159 times)
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December 15, 2015, 09:25:20 AM

Neucoin Price Key Highlights

Neucoin price made a false break from the bottom of its range last week before bouncing back inside and starting an uptrend.
Price is now trading inside a rising channel, indicating that buyers have taken control.
Neucoin price is now testing the top of its longer-term range around 0.000026, which is right around the top of the rising channel as well.

Another Selloff Likely?

This confluence of resistance levels at the 0.000026 mark could push neucoin price back in selloff mode, possibly leading to a downside break of channel support and a drop to the long-term range bottom.

"The economy depends about as much on economists as the weather does on weather forecasters"  Jean-Paul Kauffmann
"The risk / reward ratio is nuts. Playing with altcoins is like picking up pennies on the highway"  BlindMayorBitcorn

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