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Topic: [2015-12-14] Neucoin Price Technical Analysis – Watch This Channel! (Read 259 times)

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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.

http://www.newsbtc.com/2015/12/14/neucoin-price-technical-analysis-for-14122015-watch-this-channel/
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