Neo has already made it's correction and hit 61.8% fibbonacci retracement and even went below that. For a very short time it will struggle betwen 90$ and 120$ but in a near future it will rally back to 200$ per coin and as soon as it will break that resistance point at 200$ it will blow up to 350$. If you're asking me 110$ is a great price to start openning new positions.
What we have here is one of the best triangels for technical analysts. Monaco is trending below avarage prices on 50, 20 and 9. Long story short It's the right time to buy Monaco price might go down for a little bit more but from my point of view I think that MCO will rally in next few weeks, and can easily hit 170.000 satoshi's before next pullback.
Since we are at the moment in bear market and bitcoin price dropped for more than 60% it's hard to speculate what will happen next. The most safe way is to stay out of Bitcoin at the moment and wait for better prices. We have to look all factors that are influencing on the Bitcoin price. Don't underestimate media people, and don't be scared about the downfall. My...
