NEO will continue upward bullish momentum to our profit target at 0.006. Falling wedge pattern, RSI shows NEO is oversold. Strong entry position for run to 0.006. Good Luck!
i had similar vision, and it broke the ABCDE triangle....so why did it just CRASH after 1 impulse wave up? I believe there is some serious manipulation going on. Sell walls showing up at the 1 min interval for whatever reason. It makes no sense why soooo many sells would be panic selling at the <0.0037 mark. here's an image illustrating this literal rejection at points of resistance.
JVallah
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@astoinis, Yeah, the last mishandling of news definitely affected the price in a negative way, at the same time money was leaving the alts because bitcoin was rising, NEO has been trying to recover but everytime it rises there is a solid sell wall, and people panic sell as well. It will make it's way up it just needs time. NEO is a fundamentally solid coin and will probably skyrocket in 2018. AS you said, probably some manipulation by whales as well.
Spaceballs
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@astoinis, lots of coins have been behaving strangely imo....