I think NEO needs to correct a bit more before we see wave III into play. The bottom will likely be at 0.0636 BTC. After that we will see a big opportunity. Chart shows long term view, with an expanded 5'th wave, like we've seen so often in the crypto world.
On the other hand we have Haejin, who is a master of Elliot Wave and patter recognition that has a different view on the matter. If you have not followed him on steemit, you are missing on a gold treasure! His expertise is priceless! Here is his view: youtube.com/watch?v=4MCMrEA2IkQ And here is his steemit account: steemit.com/@haejin Best advice I can give you: Follow him!
Disclaimer: I am not a financial advisor and this is not financial advise. When you enter a trade you should do it based on your own reasoning. Never trade with more money than you are willing to lose!
I am no expert. This is just a good way of learning and keeping track of my evolution! If you disagree, please leave your comment below with your point of view! Positive criticism is always welcomed!
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