SUMMARY
NeuCoin (NEU) completed five waves up impulse and the correction has done its best to be the best time pacman possible. The blue parallel lines show pretty well the retracement. Usually, when price keeps hugging the upper trend line as it has been for the past few days, it's an indication of a potential breakout.
IF the breakout scenario is labeled with Elliott Waves, the below chart shows that waves 1 and 2 could be complete and so wave 3 would take price out of the parallel line channel. This won't happen without the Cryptosphere market also turning.
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