PattyMcPat
Short

Neo : Fakeout

BINANCE:NEOBTC   NEO / Bitcoin
Hello,

I just want to warn people that this looks like a fakeout. I personally believe bitcoin has not finished dropping yet, but it's close. Neo has not hit the bottom according to technical analysis , and has been free falling for a long time, an upward movement reaction is non negligible.
Usually, after btc pumps, alts sell first to signal a btc drop . I'm seeing selling everywhere. Specially in the low cap coins like 50- 90 million. This is where the big whales are invested in projects that could x10-x15,
Dumping is not over.

Again, this is crypto, everything is possible, but there is a high probability that Neo will drop after it hits the fibonacci line or the EMA .


Fundamentals for Neo :
Nothing has changed, on the contrary, it's going to be really big considering High Performance Blockchain's mainnet will be out soon, and the NEO EVM will be ready using the HPB network. Once China passes the OK for trading cryptocurrencies, the smartest thing to do is invest in these big chinese projects like : NEO, HPB , WALTON, Banyan Network...

Good day to everyone
Comment: Beem
Comment: Let's see if double bot is in play. Then we can confirm a reversal. 0.004954 seems like a good buy, but with a stop loss
Comment: Confirmed. There will be a brutal alt drop soon which corresponds to a drop of x3 sats. If you have the balls, trade it, or just hold through the ETF shenanigans

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