My prediction of NEO/USD. This is not financial advice.
From what I can see, if you are interested in Neo for mid/long term at these prices aren't bad and set buy ladders at the fib retrace lines if it does fall lower.
Current trend line support is the green one, longer time frame support and resistance are the red lines. If you're longing, set stop loss underneath green trend line support if it doesn't hold, the worst case scenario would be the white squiggly line. Chart is invalid if red support line breaks.
From what I can see, if you are interested in Neo for mid/long term at these prices aren't bad and set buy ladders at the fib retrace lines if it does fall lower.
Current trend line support is the green one, longer time frame support and resistance are the red lines. If you're longing, set stop loss underneath green trend line support if it doesn't hold, the worst case scenario would be the white squiggly line. Chart is invalid if red support line breaks.
Comment:
We're either finishing up wave 4 or working on wave 5, we should find out in a week or two
Comment:
lol looks like this chart is playing out. currently working on 3rd impulse wave as it has broken out of the channel