With a broader downtrend, can neo still fall but by less than Bitcoin? Would this satisfy the start of the new five waves?
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With a broader downtrend, can neo still fall but by less than Bitcoin? Would this satisfy the start of the new five waves?
I believe so as NEO has been holding up pretty well.
Yes its been holding up well.
Apologies what I meant is that NEO's outperformance relative to Bitcoin will still satisfy the bullish technical outlook? I.e. Neo can still fall even if the next 5 waves start?
I feel with a broader downtrend, it is better to be out of the market. I sold my NEO holding as have learnt in every asset class that its nearly impossible to fight the trend in the broader market.
Technically yes, an impulse five can fail and that'll then form a new pattern. But, that wouldn't be my alternate, even. Let's see what happens.
I am quite out of the market. Read my past blogs on Bitcoin profit taking I've been doing. I've sold 1/3 of altcoins too. Almost complete out of Bitcoin. NOW IS THE TIME TO SELL NOT BUY. I"ve reiterated this many times and will continue to do so.
Better to be out of market wishing you were in it than in the market wishin you were out.
Good morning Haejin. Looks like NEO got hit HARD last night. Can you take a look at the chart now and let me know what you see happeneing? Thanks!
Agree Agree Agree. Yes. Better to book the profits and wish to be in the market.
Good job. I agree time is to sell. Most of my altcoin holding was in NEO so pretty much sold 3/4 of my alt coin holding with only 1/4 left in Omisego.
I might take a punt on BCH. Would like to see how it plays out
I have too.