HiTech
Long

Neo Value Could be 1/3 of a Bitcoin

BITTREX:NEOBTC   Neo / Bitcoin
One of the strongest coins in the past 2 months has been the chosen one, the Neo. It has a very strong fundamentals, great team working behind it and a huge growth potential in the coming years. While most coins have been struggling during the recent correction, Neo felt strong and even gained against the Bitcoin

The most recent price action shows that Neo broke above the previous high at btc  0.014 resistance and at the same time broke above the 227.2% Fibonacci retracement trendline . This shows bullish intentions of the Neo that could bring the price as high as btc  0.0033, yes, 1/3 of the Bitcoin .

On the downside, the price could continue to consolidate and even go back to one of the previous support levels and/or the 200 Moving Average. But the overall long-term trend should remain bullish .
Comment: Note, that 0.015 is a very strong, key resistance, break above it would confirm further uptrend
Comment: Neo approaching the support
1/3 of 1 btc nice try
+1 Reply
0.033 is not 1/3 of 1 BTC. It is 1/3 of 0.1 BTC. Justsaying.
+2 Reply
Your math is a little off. 1/3 is 0.33, not 0.033. But that would be a nice rise.
+2 Reply
PaulC69 donyewuc
or 0.0033. Still its a great coin and team
Reply
PaulC69 PaulC69
Its saying 0.033 of BTC.
Reply
HiTech donyewuc
@donyewuc, my bad 1/30
+1 Reply
Younzo HiTech
@HiTech, that would be nice. But ETH is probably to one willing to reach 1/3 or 1/2 even ;)
Reply
HiTech donyewuc
@donyewuc, yes it seems I am too bad with math :)
+1 Reply
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