NEOBTC, same story as NEOUSD. Here we have what could be seen as a potential triple top.
Originally, I saw it as a bull pennant, and we had a breakout. Alas, there was no volume in that breakout, and after some FUD now we may just break down.
If confirmed, the target would be a heavy drop. Combine this with NEOUSD. Not very optimistic.
On the bright side, the oscillator shows more oversold than ever on the daily.
Comment
⋅
No, it didn't hold. Broke down. Now huge crash
Comment
⋅
Really hard crash. Maybe it's better to short NEO than BTC.