quantguy
Long

Neo $100 in sight

BITFINEX:NEOUSD   NEO / U.S. Dollar
Neo continues to push higher, now comfortably seated in the $90 handle ($93 at the time of this writing). The psychologically and technically significant $100 mark seems comfortably within reach at this point, though we are currently facing some resistance from the upper bound of the KRI             . A Fibonacci Fan level at $91 should provide support, though we are currently in Wave 5 of a 5-3 Elliott Wave , so beware of some retracement as the corrective phase is nigh.

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