joe2411

NEOUSD NEOBTC is it ready? gartley pattern not complete

BITFINEX:NEOUSD   NEO / U.S. Dollar
Interesting chart on NEO, it looks like its bounced off the 61.8, pulled back but hasnt completred the move down to the 78 to give us a nice Gartley Pattern setup on Daily. It started to go down there but doesnt seem to have completed which makes me think it may retest this level down to the $42 area. A WXY pattern looks to have completed but not confirmed. This doesnt mean we cant get a deeper pullback to give us the Gartley pattern completion. We have some decent volume showing however it may just be showing buying interest but completing a pullback for a retest down to the 78 fib $42 level where i think will generate alot of buying pressure for NEO and a very nice long term entry level.
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