$NEOETH CORRECTING BEFORE NEXT BULLISH WAVE, CONFIRM & BUY!Wait to confirm price reversal and buy $NEOETH at a discount before the next bullish run. NEO is in a unique position, fundamentally, as many ethereum projects are switching over to its chinese counterpart. Remember to keep your $NEO stored in a proper wallet so you don't miss out on the GAS dividends.
NEOETH trade ideas
NEOETH possible support levelsBreakout above .152 now? Or one more wave down to retest support, possibly around .117 (.5 fib) or .099 (.382 fib) ? ETHUSD seems stable and well-supported at the moment and ETHBTC is gaining slowly. I could potentially see NEOETH breaking out above .152 now and going another leg up. I could also see NEOETH giving us a final E wave down to retest .5 or .382 fib levels, both of which are still within the long term bullish channel. What are your thoughts? I'm currently neutral and have no active NEOETH positions.
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Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
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