Been following this one since 12$, which I sold during the mania phase of last summer. And if you followed my analysis, you are long again since 25$, and patiently been waiting for the wave 3 to make us all rich. It started, and we already took profit of all the short and medium term trades at 175$ in case of a crypto winter and/or to invest in even higher potential, un-pumped solid projects. Re-injected some medium term money during the correction around 115$. However, very longterm targets are higher
We just finished a major wavecount, so we might see weakness in NEO in short term, correlated to BTC's weakness. However, I believe we are still waiting to see the real move. Comparison to BTC's long term chart is easy, as we are today in wave 3
We just finished a major wavecount, so we might see weakness in NEO in short term, correlated to BTC's weakness. However, I believe we are still waiting to see the real move. Comparison to BTC's long term chart is easy, as we are today in wave 3
Kommentar:
That piercing down of the down channel is worrisome. Don't get over-exposed
Kommentar:
that previous comment allows us to rebuy some of our NEO at a discount or breakeven price soon, as NEOBTC is starting a potential downtrend. We will soon know who will overperform who : BTC or NEO
Mid term, my bet is on NEO, but for now the spotlight is on BTC to lead the charge of the crypto recovery (or bull trap)
Mid term, my bet is on NEO, but for now the spotlight is on BTC to lead the charge of the crypto recovery (or bull trap)
Kommentar:
Updated and cleaner view for NEO USD :
We are near strong channel support, and waiting btc's decision for up or down to the other lower distribution channel
NEOBTC's analysis suggest downtrend to 0.006 unless we bullish pierce 140k for some odd reason starting a new cycle
NEOBTC's analysis suggest downtrend to 0.006 unless we bullish pierce 140k for some odd reason starting a new cycle
Kommentar:
Landmark moment :
NEO USD at channel bottom touch. Decision is being made now due to BTC, and biais is bearish, but be on the lookout
NEOBTC is, as expected, continuing downtrend. Potential rebound around 0.0085 but still aiming lower than that on mid term (0.006), and much higher than ATH of 0.0140 on long term. Will update if we see reversal signs back to bullish
NEO USD at channel bottom touch. Decision is being made now due to BTC, and biais is bearish, but be on the lookout
NEOBTC is, as expected, continuing downtrend. Potential rebound around 0.0085 but still aiming lower than that on mid term (0.006), and much higher than ATH of 0.0140 on long term. Will update if we see reversal signs back to bullish