NEO-USD Correction
Updated
First of all this is my post on here so for mistakes & misunderstandings.
I know Elliot is not clear enough so I wanted to support it with parabola.
And I also know the correction of Elliot should be more dip but 100 USD is the psyhcological border in my opinion.
MACD is a bit freak as you see.
Volume osc looks like it want to make a new rebuy zone
RSI is generally bullish but nowadays a bit bearish and aiming to touch the support line again.
Independently from this guess, I believe 2018 will be the year of Neo (expecting over 1000 Usd). So this correction seems a good re/buy opportunity to me.
Thanks everybody :)
I know Elliot is not clear enough so I wanted to support it with parabola.
And I also know the correction of Elliot should be more dip but 100 USD is the psyhcological border in my opinion.
MACD is a bit freak as you see.
Volume osc looks like it want to make a new rebuy zone
RSI is generally bullish but nowadays a bit bearish and aiming to touch the support line again.
Independently from this guess, I believe 2018 will be the year of Neo (expecting over 1000 Usd). So this correction seems a good re/buy opportunity to me.
Thanks everybody :)
Note
As you see now we are at the top of that parabol. Correction I'm expecting is coming after tomorrow; just waiting :)Note
I can say correction has started but volatility is higher than expected. It already touched all the ABC points :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.