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fiab
Feb 17, 2018 6:23 AM

NEOBTC Long Long

NEO / BitcoinBitfinex

Description

Neo looks it's readying itself to burst out - 1st target to blue line

Comment

a closer view - look for buying interest very soon

Comment

So we go the bounce right at the yellow arrow and have pushed up fast - expecting breakout and more upside but the doubt I have is whether there is correlation to BTC ? Expecting BTC to go towards 10k for the move to finish from around £6800. (see my BTC long updates) - Haven't figured out if BTC goes up against the £ NEO goes down vs BTC?
If there is as above, dashed arrows show alternative

Comment

so the breakout happened very nicely, collect profits and wait for a pattern to form - it was a thrust up so need to cool down - still upside to top so move any extras to break evens :)

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