Neo has tested support a number of times, and it looks like it's not going to hold. If it breaks further down consider the next demand zones as places to pick up some more (aggressive - first demand zone, more conservative - second demand zone). Happy Labor Day everyone!
Some have been asked me to analyze NEO as if I held any substantial amount of the asset. Here is how I would play the correction: Firstly, after touching a key fibo level, I would short the market at $41 - $43 as a primary profit taking point (DONE). I would then decide to short (OR NOT) the rest of my position at the secondary profit taking point (UPCOMING). The...
Like in the movie The Matrix. NEO will follow the whte rabbit.
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Just a few quick lines on a 15min Chart Lots of experience with charts... trendlines not so much contribute your ideas at info@bptcrypto.com not financial advice.
Just a few quick lines on a 15min Chart Lots of experience with charts...trendlines not so much contribute your ideas at info@bptcrypto.com not financial advice.
This could be the point where NEO begins to make its way to a Higher High. Price has retraced to the point where we make pick up some Bulls the TL and the 50% retracement level. The second leg of the retracement + the first leg down 'Symmetry'. If we break this area price may head to a deeper level.
Please use caution when you trade - the plans I create...
