LOOKS LIKE A CONFIRMED BIG BULL, ANY THOUGHTS?
NEO is one of the most trusted tokens in the market for me due to it's Chinese background. I really trust the future of this one.
If you're doing long term trade, graphs usually behave as you want. Speculations, pumps or dumps are usually day traders' job, not mine.
Fibonacci levels are what I trust and the graphs usually tend to follow the fibo rules.
Created 3 different fibbo chart:
A: From lowest bottom to previous high,
B: From lowest bottom to All time high
C: From previous bottom to All time high
These 3 charts really help me to confirm an uptrend and set goal for an upper fibbo level.
A: Correction at 0.382 Fib - Confirmed
B: Correction at 0.618 Fib - Confirmed
C: Correction at 0.382 Fib - Confirmed
What I think is the next bullrun to the upper fib target is now confirmed. Now I'm ready for a new bullrun!
If you're doing long term trade, graphs usually behave as you want. Speculations, pumps or dumps are usually day traders' job, not mine.
Fibonacci levels are what I trust and the graphs usually tend to follow the fibo rules.
Created 3 different fibbo chart:
A: From lowest bottom to previous high,
B: From lowest bottom to All time high
C: From previous bottom to All time high
These 3 charts really help me to confirm an uptrend and set goal for an upper fibbo level.
A: Correction at 0.382 Fib - Confirmed
B: Correction at 0.618 Fib - Confirmed
C: Correction at 0.382 Fib - Confirmed
What I think is the next bullrun to the upper fib target is now confirmed. Now I'm ready for a new bullrun!
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