ligand

NEOUSD downside target

Short
A corresponding analysis to the one a few hours ago.
Target would be 63 USD, if c is 0.62% of a.

It is still possible to count the move since the low at 63 USD as a wave 1 followed by a wave 2 (as a 50% correction of wave 1, which ended at the point designated with a small b).
But this count doesn't look very nice. It is most important to cross the 120 USD border now in order to get out of this bad pattern.

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