Looking at the chart we can see that some sellers are taking profits in the higher zones and we are experiencing a nice sideways movement.
This is typically what we see when markets correct before they move higher or lower.
Neo is moving in a nice channel at the moment and I would expect strong support for the near term at around 0.011 btc .
Resistance is currently between 0.013 btc and 0.015 btc .
Expect new highs should the bulls decide to buy up the resistance. Safe trades.
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