NEO, EOS, Litecoin, IOTA and Stellar: Technical Analysis April 26, 2018

Other than EOS and Tron which are still oscillating in the green territory, most coins are correcting and for good reasons. Leading the correction pack is IOTA which is down 14 percent and NEO which follows closely at 12 percent. It’s my expectation that sellers shall confirm the double bar bear reversal patterns that is clear in the daily chart as they move lower and probably rest and reverse at our support lines. Because of this, I’m net bearish but with a bullish skew.
Let’s