TSI_Analytics
Long

NEOBTC: beginning of the fifth wave

BINANCE:NEOBTC   NEO / Bitcoin
The price of NEOBTC has reached the 65.8% Fibo level of previous third wave, wich can indicate the end of the 4th wave. Taking this into account, we can expect the 5th wave to start. The price close above EMA100 and psycological level of 0.010000 can trigger a bullish impulse. This movement can be described as a sub wave of the global 5th wave, the target for which will be the level of 0.018844 - 0.020970. An optimal level to open long position is an end of 2d sub wave, which should reach 61.8% of the 1st wave. Waiting for the 1st wave to end.
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