NEO broke the triangle!
Chart speaks for itself.
Trade closed: target reached
We hitted our target. We don't think we will hit target 2 in the short term. So we're out.Note
We did had a huge moneyflow in, almost all the crypto's did go up a lot.We just had a big drop in btc, because of the big money flow in and almost 10k usd price of the bitcoin. We possibly could see a huge retracement, that is the reason I don't aim for the second target. In market like this, I'm only willing to set some shorts. So I closed all my long trades, waiting for a retracement or a stable market.
Also look at this idea of me. The elliot wave is still valid, I still think we could see it happening this week:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.