cryptoshort

NEO/USD - If the coin has a value target is 200+

Long
cryptoshort Updated   
NEO has been amazing where technicals have played a big role in the investment. I have been holding this coin for a long now. It went up, then down, then consolidated. I'm quite comfortable with it as I want to SELL ONLY ONCE (SOO).

A simple trend is a crash, consolidation, then rise. Now it is retesting the past consolidation high. If this continues to hold and buyers expect this a value, we should see a good accumulation between 25-50. Thereafter FOMO.


I have been trading this from as low as $10 and the last holdings are avg around $17.
Comment:
Breaks below the support. Holding and watching as overall the market is negative.
Comment:
It is becoming evident that we are going to loose 70% of the shitcoins. Still holding NEO. It was at a profit 6x and now at a loss. Not sure if this has any worth. Need to see when the altseason starts. I may think of unloading this and converting it to ETH or LTC. I think this had a potential and it lost the reputation or interest.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.