NEOETH possible support levels
Breakout 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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