NEO / BitcoinShort
NEOBTC Fib: Possible Buy-in following consolidation v2
Note, short assuming recent boost up has finished, and the market follows the previous cycle. If so, we should now see a pullback down followed by a period of consolidation, and I would expect a longer term buy-in opportunity to be around the following marked on the sketch, based upon fib ratios.
As Neo has been strong recently and is seen as a good coin, I have gone for a conservative buy-in within the 50-60% range, although if the bulls move on, this could correct lower.
Opinion not advice.
Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for BTC 2.48% 1.99% donation if you find this helps, and want to spread the love!
As Neo has been strong recently and is seen as a good coin, I have gone for a conservative buy-in within the 50-60% range, although if the bulls move on, this could correct lower.
Opinion not advice.
Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for BTC 2.48% 1.99% donation if you find this helps, and want to spread the love!
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.