Neo, Chinese ETH, moves very similar to Ethereum 1.83% . So, as I believe ETH price would be corrected, it possibly would happen for NEO too. I imagined two scenarios here: after touching the bottom of the uptrend canal, in the bullish scenario, the pice again moves toward the top of the canal. In the bearish situation, the price will tend to decrease to the %50 fibo.
(1) RSI does not support more increasing.
交易進行
⋅
Update 1: I sold my NEO today at 125....NOW 116...Heading to 100...Then I will update it!
交易進行
⋅
Price touches the bottom of the canal (100). Let's see it will try to move toward the top, or it is going to move according to the second scenario and touch $75.