quantguy

Neo $100 in sight

BITFINEX:NEOUSD   니오
Neo continues to push higher, now comfortably seated in the $90 handle ($93 at the time of this writing). The psychologically and technically significant $100 mark seems comfortably within reach at this point, though we are currently facing some resistance from the upper bound of the KRI. A Fibonacci Fan level at $91 should provide support, though we are currently in Wave 5 of a 5-3 Elliott Wave, so beware of some retracement as the corrective phase is nigh.


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