Techinical Analysis Update NEO - 8/18/17
Watch chart live here
Besides the obvious head and shoulder most indicators are predicting that neo is still correcting, on the 2HR chart we see neo is close to the 200 EMA line which could be a bottom that is also supported by the uptrend line.
I am waiting to buy anywhere below 0.0080 or the wait for the bounce on the uptrend line to confirm.
im gonna get some neo
Upvoted. I'm going to resteem this now :]
I have 4 neo hope to fast grow
@natra,
I am absolutely agree with you! NEO was a bubble. And now it's going to drop the marketcap and will show his real face soon, probably stay at 35-42 USD level. Nice analysis as ways! Really appreciate your effort and thanks for sharing this with us!
(My voting power is still regenerating, therefore please allow me two more days to provide 100% upvotes for your posts)
Cheers~
even though neo with some kind of bubble , many got amazing profits. and i thoughts market investors do some dumping and pumping with Neo . let's hope for the price correction and see what is going on there
Hello again. It's good to have you back with your analyses (after a break in July?) Uptrend line is still holding beautifully, although I have a wish to experience a short downwards spike to $20+ prices. Either way it's okay!
Thank you. I own a little neo and that was helpful
Ive been watching like a hawk for a backtest of the neckline!