TA:
- Potential C wave completion
TP:
- Previous fib resistant
- Previous high 1st wave
- Median line of pitch fork is serve as guideline
Conclusion:
Good RR on this trade
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
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Neo has done well this year, started out on $72 so only currently down -49% right now!
I say good because the average for the top ~100 coins as they were at the start of the year is -59%.
I should imagine bitcoin will be taking another big dip down before we return to a bull market, maybe down around $3,000 - $4,500.
This will likely mean NEO heading South as well to around $15-20.
Painful as I bought a bunch of NEO around $70 and forgot about it, something I plan to continue (forgetting about it) for the next 6 months :-/
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