kaansel

NEOBTC | Elliot 5th Rally %7.5 Possible Profit

Long
kaansel Updated   
BINANCE:NEOBTC   NEO / Bitcoin
Dear All,

Neo started its ralli and now is officially on its 5th elliot wave.

1) Elliot 3rd wave just stopped at Fibo extension 1.0
2) Next ralli broke the resistance where 3rd ralli finished (@0.008735) then found support
3) now it goes to the last of its rally (short-term) at @0.009540

lets jump to the train.
Trade closed: stop reached:
I got out of the trade at 0.0087 (black line). The price of altcoins are highly dependent of bitcoin movement. We see it at this trade.

If you did not exit your positions do not forget, neo is a strong hold and has a huge potential with upcoming projects. One more thing, since neo has usd pair in exchanges if we see bitcoin go up, neo will follow (to overcome high margins).

Stay tuned for the next trade. Don't forget to follow if you find a joy in my trades :)

Cheers
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