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k0sek
Mar 4, 2018 4:47 PM

NEOUSD - Possible 10%+ Profits! Long

NEO / DollarBitfinex

Description

NEOUSD seems to be on a strong uptrend looking at the 6HR chart

First target (T1) is .618 fib level
Second target (T2) is at the .5 fib level
Third target (T3-Longterm) at the 1:1 fib extension



Also worth noting, the BTCUSD correction has not affected ALTcoins that much past couple days. IMO this is a great sign of bullishness.

FYI: I don't hold any NEO - not a fan of the project, but still riding this wave regardless

Order cancelled

All the indicators pointed towards an uptrend (in my opinion), however, I think the bears took charge using this news twitter.com/ercwl as catalyst.

I'm going to keep an eye on NEO, but for now, I closed my position - I'm expecting it could break $100 unless some pro-NEO news comes out.

Comment

Also, this thread on Reddit kind of shows why there is some negative views on NEO - reddit.com/r/NEO/comments/7qkaz4/how_mature_are_neos_smart_contracts_for_a_real/
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