NEO - Digital asset smart contract platform aiming to bring together identity and asset management on the blockchain.
Disclaimer: NEO is one of my top picks the fundamentals are top notch and the ecosystem of Dapps being built on it are quality, i am very bullish on projects coming out of china especially ones that align with the interests of the chinese government. Take it as you will but cooperation with governments is key in my opinion for longevity and guaranteed use case
Chart speaks for itself we are the precipice of the 10 month downtrend one more weekly candle and we will be moving out of the diagonal resistance line. we have 2 very strong bases of support located at 23XX and 21XX at this stage the R/R is second to none.
MACD showing buy signals with the 12MA crossing the 26MA Histogram gives a green light and i dont tend to use the MACD often however given this period of sideways accumulation action this is a very bullish case for the beginning of an uptrend.
entered LONG on NEO at 24XX
Stops at 20XX
Disclaimer: NEO is one of my top picks the fundamentals are top notch and the ecosystem of Dapps being built on it are quality, i am very bullish on projects coming out of china especially ones that align with the interests of the chinese government. Take it as you will but cooperation with governments is key in my opinion for longevity and guaranteed use case
Chart speaks for itself we are the precipice of the 10 month downtrend one more weekly candle and we will be moving out of the diagonal resistance line. we have 2 very strong bases of support located at 23XX and 21XX at this stage the R/R is second to none.
MACD showing buy signals with the 12MA crossing the 26MA Histogram gives a green light and i dont tend to use the MACD often however given this period of sideways accumulation action this is a very bullish case for the beginning of an uptrend.
entered LONG on NEO at 24XX
Stops at 20XX