First of all this is my post on here so for mistakes & misunderstandings.
I know Elliot is not clear enough so I wanted to support it with parabola.
And I also know the correction of Elliot should be more dip but 100 USD is the psyhcological border in my opinion.
MACD is a bit freak as you see.
Volume osc looks like it want to make a new rebuy zone
RSI is generally bullish but nowadays a bit bearish and aiming to touch the support line again.
Independently from this guess, I believe 2018 will be the year of Neo (expecting over 1000 Usd). So this correction seems a good re/buy opportunity to me.
Thanks everybody :)
I know Elliot is not clear enough so I wanted to support it with parabola.
And I also know the correction of Elliot should be more dip but 100 USD is the psyhcological border in my opinion.
MACD is a bit freak as you see.
Volume osc looks like it want to make a new rebuy zone
RSI is generally bullish but nowadays a bit bearish and aiming to touch the support line again.
Independently from this guess, I believe 2018 will be the year of Neo (expecting over 1000 Usd). So this correction seems a good re/buy opportunity to me.
Thanks everybody :)
Comment:
As you see now we are at the top of that parabol. Correction I'm expecting is coming after tomorrow; just waiting :)
Comment:
I can say correction has started but volatility is higher than expected. It already touched all the ABC points :)