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RE: NEO: Two Potential Landing Zones

in #neo7 years ago (edited)

In my previous idea about NEO, I called to short it. Since this time, NEO broke 3 downtrend line, and now trying to break horizontal resistance line 0.0145.
Usually after breakout, price retesting previous resistance as a support level

https://steemit.com/bitcoin/@vonbuelo/neo-neo-is-not-cheap-now

Bildschirmfoto 2018-01-31 um 04.55.49.png

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My prediction is that we're in the end of a 5th wave and will correct at least 50%.

I'd recommenced analyzing the USD pair instead, the BTC/NEO pair distorted. (not a true reflection of sentiment).