After such a dramatic fall I am very cautious
You could enter on the 5 minute chart and keep a tight stop 120
Remember that the first CBOE contract in BTC ceases trading at 245pm Chicago time today, just over one hour
Update in a few hours
The following charts compare ETH, BTC and NEO. ETH is still within the downtrending slope and needs to hit 1000 within the next 12 hours.
BTC has just regained support on top of one of the descending lines.
And NEO has continues to move up the parallel lines, but should hold 120.
Note how it leaves the downtrend line by pushing through then returning to find support on the line. This is a bullish sign
I will only enter if I see support on the line and I can place a small stop. The trade may last only a few hours.
If this lowest sliding parallel breaches then I expect a larger fall