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RE: NEO Update: A Healthy and Needed Correction Ensues

in #bitcoin7 years ago

upvoted. Yes a healthy correction indeed. But then again, if bitcoin falls, NEO will fall as well. What is the time frame for it to start off again? After bitcoin falls and starts it Wave 5?

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Once the current uptrend changes to down, wave IV will got to about $2,000; then wave V up to $7k to $9K? Not sure on the probable height of wave V yet.

So, wave III needs to finish and its top is fast approaching. Not sure when exactly but soon.

Great analysis as always.
From the Fibonnaci just curious would the wave retracement for Wave IV be 0.382 or 0.5 - where did wave III start? I can't find your post on Bitcoin.

When Bitcoin falls will take NEO and all the other cryptos with them - so presume NEO rally will occur after Bitcoin starts Wave V?