NEOBTC Possible price movement

8 Şub 2018

ABCD harmonic pattern was formed. Price moves in the ichi cloud while green line of it is above the red which represents the strong support. Our analysis based on oscillators and moving averages indicate that the price will move up till to the edge of the cloud and then will retrace till its bottom. In case of this scenario there will be 5 impulse Elliot waves which will return the price to the previous levels above Fib 0.236