FieryTrading

🔥 NEO Perfect Fibonacci Bounce: Gains Coming?

Long
FieryTrading Updated   
BINANCE:NEOUSDT   NEO / TetherUS
NEO was one of the bigger winners last week, but this week has been quite dramatic. However, NEO found strong support at the 0.618 Fibonacci retracement.

The 0.618 is often a strong area of support, especially for good performing assets.

I'm looking at the yellow areas for potential short-term targets.

If BTC will remains stable (or go bullish), NEO might even make a new local high next week.
Comment:
Target 1 hit!

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