NEO, shall it be the Blue Pill or the Red Pill?
Updated
Neo, the time has come for you to decide. Will you take the blue pill (happiness and security for all) or will you take the red pill (brutal truth).
The hour is upon us.
If NEO decides to take the blue pill then targets would be 0.0036 - 0.004 Btc.
On the other hand, if NEO takes the red pill then we stay in wonderland and I show you how deep the rabbit hole goes. (Not a profitable short trade)
Remember, All I'm offering is the truth and nothing more.
Now to the technical aspect of the chart:
We have been in accumulation phase for the best half of two months.
Since we are at such a stage, the downside seems to be very limited whereas the upside has much much more potential.
Fundamental Aspect:
Apparently there's a Super Fork on the 10th of November. This to me sounds like a great Fundamental setup since no one is talking about it yet.
Let me show you the consequences of both scenarios:
With the blue pill, we shall either skyrocket from here on out or we shall drop down one last time into the liquidity pool and take out most stops.
With the red pull, we creep lower and stay down.
The Risk to Reward ratio supports the long side (Blue Pill).
Also it is to be noted from my first NEO analysis, it has lost over 85% of its value as I predicted at every turn.
Now my play shall be to buy in 50% in the first green box and leave the other 50% for the slight chance of a stop hunt.
As Morpheus would say, “I'm trying to free your mind, NEO. But I can only show you the door. You're the one that has to walk through it”
________________________________________________________________________________________________________________________________________
I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
The hour is upon us.
If NEO decides to take the blue pill then targets would be 0.0036 - 0.004 Btc.
On the other hand, if NEO takes the red pill then we stay in wonderland and I show you how deep the rabbit hole goes. (Not a profitable short trade)
Remember, All I'm offering is the truth and nothing more.
Now to the technical aspect of the chart:
We have been in accumulation phase for the best half of two months.
Since we are at such a stage, the downside seems to be very limited whereas the upside has much much more potential.
Fundamental Aspect:
Apparently there's a Super Fork on the 10th of November. This to me sounds like a great Fundamental setup since no one is talking about it yet.
Let me show you the consequences of both scenarios:
With the blue pill, we shall either skyrocket from here on out or we shall drop down one last time into the liquidity pool and take out most stops.
With the red pull, we creep lower and stay down.
The Risk to Reward ratio supports the long side (Blue Pill).
Also it is to be noted from my first NEO analysis, it has lost over 85% of its value as I predicted at every turn.
Now my play shall be to buy in 50% in the first green box and leave the other 50% for the slight chance of a stop hunt.
As Morpheus would say, “I'm trying to free your mind, NEO. But I can only show you the door. You're the one that has to walk through it”
________________________________________________________________________________________________________________________________________
I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
Order cancelled
Official NEO Twitter confirms that Fork is just FUD.twitter.com/NEO_Blockchain/status/1052924015247949824
"ATTENTION There’s an increasing FUD saying NEO is going to fork, turning out to be totally false!
#NEO uses original #dBFT consensus mechanism, which has block finality and will not fork. Please take care of your asset and be safe."
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