DrJLT
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NEO possible correction target 95 ~ 85 (.618)

BITFINEX:NEOUSD   NEO / U.S. Dollar
NEO has failed to breach $110 for the third time, and the bearish divergence I mentioned before still persists.

In this context, it's likely to retest lower levels for support. Here are several:

  • @ around 95, we have the pitchfork , the weekly EMA , and the .786 level all meeting at the same point.
  • @ around 85, we have the .618 level and the mid-term trend line .

I personally don't think it'll go lower than that.
評論: about to reach 95. may still go a bit more, depending on the market overall
Having lots of ICOs On line, do you really think will it go for correction at this moment ???
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DrJLT RaviNaik
@RaviNaik, I don't know. If it falls, I buy more.
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Bear trap
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