If you are like me and missed the amazing NEO jump from 1$ in June to 50$ in August, now might be a good time to buy in.

Neo is about to complete or already has completed a standard double ZigZag correction in wave 4. We will find out soon:

This is one of the best charts of all crypto currencies. Very clean trends and wavestructures. The best thing about this chart is, that wave 4 can even go below the high of wave 1 and still make a valid uptrend. Normally this would be a wave overlap which is not allowed, but not in this case. In fact, this would be the best thing that could happen to NEO. This would be considered a leading diagonal triangle indicating a big impulse up to come with targets above 200$.

This is how this move could play out:

Yes, the correction can easily go lower than it is now, but it does not have to do that. And I would be extremely sad to miss the rally again. This is why I am already in. And I will happily buy more NEO when it goes down more... 🔥

If you think this to be useful information:

DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way i see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Tell me what you think...

Have a nice day :-)