NEOBTC did a pretty textbook 5 wave correction on important Fib levels. Total correction of 85% in terms of BTC and 95% in terms of USD.
Blue line should now act as support and red line should be broken in the next week.
Happy trading
Hy all, studying NEO chart i found out some moves for NEO and we are in third pattern repeting already , currently on wave 4 to 5 for this third pattern move (1-2-3-4-5 waves -> next cycle)
Let's first see the move i am talking about:
-First move , started last year on this time : 10.06.2017 untill 31.07.2017 ( 52 days )
-Second move , from 31.07.2017 untill...