BINANCE:NEOBTC likely to have started its upward movement after the correction previously predicted (see related idea). The expected route will be beyond its all-time-high as the upcoming conference tied w/strong projects & news will drive the price to excellent levels. Expect high likelihood of parabolic graph movement in the future.
CAUTIONS/CONFIRMATIONS No in depth analysis for possible bearish signals was done. No Stop-Loss.
POSITION Entry @ 12600
*AUTHOR'S NOTE* Should anyone consider this entry time, I want to personally say "enjoy the ride". This is a personal high confidence entry w/majority assets within this investment. Best of luck!... for those who need it.
Disclaimer: this is NOT investing advice; please use the information as an opinion to help augment your own analysis
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INTERPRETATION As expected, there was a bullish run of Elliott Wave 1 w/an expected Wave 2 correction. The path to be determined now seems to be if Wave 2 has ended or whether there is still a small correction wave to be observed. However, this consideration may be moot as future benefits should outweigh any losses as NEO continues its bullish trend.