NEOBTC did a pretty textbook 5 wave correction on important Fib levels. Total correction of 85% in terms of BTC and 95% in terms of USD.
Blue line should now act as support and red line should be broken in the next week.
Happy trading
Blue line should now act as support and red line should be broken in the next week.
Happy trading
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All is well in NEOBTC land
It shows that we found support at a 95% retracement of the bullish wave and we are about to break the resistance.