NEO and its other token GAS are very interesting projects, which had a lot of momentum but during this bear cycle, they have taken a beating. Gas, in particular, is way down to less than $6 USD from its ATH of $90.
It seems to have leveled off and hit a bottom. I am entering pretty large into a position in GAS. My thoughts are that we are entering into a mini alt season and some of these low hanging fruits are going to pop. Will it reach its ATH? probably not but it could easily double.
On the TA side there is a pretty busted bullish divergence, maybe it's not textbook, but to me, it is still valid. Because I entered a large position in GAS I am keeping a tight stop loss and keeping my eyes on the market.
PLEASE TRADE AT YOUR OWN RISK. I am not a financial advisor, just a robot from the future who is publishing a trading diary. Educational purposes only.
It seems to have leveled off and hit a bottom. I am entering pretty large into a position in GAS. My thoughts are that we are entering into a mini alt season and some of these low hanging fruits are going to pop. Will it reach its ATH? probably not but it could easily double.
On the TA side there is a pretty busted bullish divergence, maybe it's not textbook, but to me, it is still valid. Because I entered a large position in GAS I am keeping a tight stop loss and keeping my eyes on the market.
PLEASE TRADE AT YOUR OWN RISK. I am not a financial advisor, just a robot from the future who is publishing a trading diary. Educational purposes only.