The monthly chart of neobtc looks pretty Risky.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 80% additional downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight stop-loss, there are possibilities..
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 80% additional downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight stop-loss, there are possibilities..
