NEOUSD NEOBTC is it ready? gartley pattern not complete

25 mars 2018

Interesting chart on NEO, it looks like its bounced off the 61.8, pulled back but hasnt completred the move down to the 78 to give us a nice Gartley Pattern setup on Daily. It started to go down there but doesnt seem to have completed which makes me think it may retest this level down to the $42 area. A WXY pattern looks to have completed but not confirmed. This doesnt mean we cant get a deeper pullback to give us the Gartley pattern completion. We have some decent volume showing however it may just be showing buying interest but completing a pullback for a retest down to the 78 fib $42 level where i think will generate alot of buying pressure for NEO and a very nice long term entry level.