BITTREX:NEOBTC on Daily. not sure of the follow up, but fundamentals ask for a correction in my opinion. Technical analysis is pretty much confirming what the news ask Fundamental sources: pressure start with the atricle about decentralisation from |bitcoin.com in january news.bitcoin.com and now seen then we keep hearing about NEO decentralization...
Looking at Bitcoin in it early year, when it started rising toward 1k mark. AND Now lookng at Ethereum in 2017, we see the similarities! Does ETH is engaging in the same kind of epic trend that BTC as seen in the past months. 1K. would it be the psychological lvl that we could call, The final "high school exam" of a coin. Hes passage to the adult age? A sign...
I was expecting the fall at 0.00029790, I decided to enter a 1/3 of my position at 0.00044506 and see what happen. I wasnt expecting that: it would go even lower. it would break the general downtrend that strong Other then that i've reached personnal targets. Now seem like we are entering a Really strong bull trend.
I'm new so not an expert but i think that before the expected rise we can expect a bit of resistance.