EuroMotif

NEO.USD topped EXACTLY on Fib Resistance, now in Retrace Watch

BINANCE:NEOUSDT   NEO / TetherUS
Follow up to my Resistance Plot (click).

And correction of my over-enthusiastic Retrace Plot.

NEO hit target and pulled back a little harder than I would have liked.
The intial leg (perhaps wave A) was quite steep and without pauses.
Thus I expect a relief bounce (B) and then a continuation leg (C).

The Elliott Waves plotted are just GUESSES, but the Zones are SOLID.
Each Zone should cause a reaction, to be observed for further clues.
Possible that correction is DONE, so a long scalp of wave B is plausible.

$ 10.5xx has pretty good confluence, watch the bounce closely.
$ 10.0xx is psych val but I dont have faith thus very light green.
$ 9.1-9.2 seems likely: take out stops, trap bears, then bounce.

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