DrJLT
Long

NEO first target reached, consolidation, & $195 target

BITFINEX:NEOUSD   NEO / U.S. Dollar
NEO has followed the pitchfork well. The small crash when the bitcoin news hit appeared to have relieved selling pressure.

In the last few days, NEO has grown rapidly. There're currently some early signs of bull exhaustion. Considering that the 1.618x level has been hit, the market may quiet down.

I think by the end of the week (after the ETH fork), NEO will restart a rally to $195.
Comment: NEO has JUST become overbought on the daily scale. I think it's not going to hit the target tomorrow. The end of the week will be more likely. Dip to $125 will be a buy opportunity.
Comment: NEO is too bullish now. Probably will challenge BCH & Ripple & move to top 5 soon.
Comment: so much more bullish than I expected. still may downshift a bit, but I'd adjust the target upwards, perhaps to $250.
Comment: Reached the $195 target soooooo soon?!

Regret not getting more earlier
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