FX_Academy

NEO/BTC - fractals say down

שורט
BITTREX:NEOBTC   Neo / Bitcoin
Looking at the NEO/BTC daily chart I've seen three fractals and I've labeled them accordingly. I think that the price is currently ending the second fractal and the third is on its way, as the price is close to the last triangle's support line. Last time that happened the price went further below, and I have painted the last fractal that created a lower low with a brush tool and pasted it on the current levels as to project the price pathway, and it fit perfectly among the new significant levels and hit the prior triangle's support line.

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