I am very bullish on this coin and I have build a good position on NEO. I am in very early on NEO$34.35 so I will wait and see what happens.
Price has precisely reacted to the overlapping profit targets of the last move 200% & the corrective wave extension fib 3.618% (see middle fib).
Profit take will occur.
This pair retests areas of support and resistance - making this an easy pair to reload and trade higher.
Recently as yesterday, price retested the 85.20 area and the Bulls were their evidenced by the gravestone doji.
This is a long term hold for me, however we are overdue a correction.
I would like to price retest the pink line 55 area for a entry point.
Price has precisely reacted to the overlapping profit targets of the last move 200% & the corrective wave extension fib 3.618% (see middle fib).
Profit take will occur.
This pair retests areas of support and resistance - making this an easy pair to reload and trade higher.
Recently as yesterday, price retested the 85.20 area and the Bulls were their evidenced by the gravestone doji.
This is a long term hold for me, however we are overdue a correction.
I would like to price retest the pink line 55 area for a entry point.