NEO is still a fairly new currency that exploded a few weeks back but has been in a bearish state ever since. With the limited data I have, I've made a few prediction. NEO is in a very great buy position right now. The downtrend and new uptrend are going to intersect here in the next two days highlighted by the white box. I feel as this could be a major indicator with where the market will go next. Rather it will remain consolidating, cross downtrend and turn bullish, or lower more into the mid 300k satoshi range. 450k has been a good support line thus far since the market crashed and has held thus far. If neo recovers and goes back up, I listed a yellow section identified as a new support or resistance area. Not enough data yet for me to set an amount but if you do invest now, be wary of the market within the 600k-800k satoshi range.
Overall thoughts
> Buy now
> Stop loss near 400-440k
> Watch market closely near 600-800k range
> Potential intra-day trading or sit and hold for a new high...
Overall thoughts
> Buy now
> Stop loss near 400-440k
> Watch market closely near 600-800k range
> Potential intra-day trading or sit and hold for a new high...