Neo / Bitcoin
Aggiornato

NEO Support Line / Resistance Line - Wave 3 About to Start?

561
Neo has retraced a little less than 76% from its ATH. With this fact, we can rule out the fact that it was in its wave 4 as Fib rule says it wave 4 retracement cannot retrace more than wave 1 high.

Drawn out is the support and resistance lines for Neo and we can possibly see Wave 3 start soon. By end of November, I can see Neo setting its new ATH.

Discuss more about Neo and this chart at our slack!

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Nota
Neo has yet to break the resistance line and we might actually see it fall back to the support line.
Trade attivo
Neo's resistance now is the support. Should go for a nice long run here.

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