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optictropic
Jan 20, 2018 3:53 PM

NEOUSD long Long

NEO / DollarBitfinex

Description

NEOUSD is looking ready to continue its bull run.

Volatility funneled after the rise to 200 and decline to 90 USD, giving a final target near 240 USD. I'd stop out of we create a new local low.

The lines aren't depicted here, but this target has confluence with the fibonacci extensions of the all-time high to the reaction low at 90.
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