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Lanmar

NEO is depreciating in its normal historical flow

Long
Lanmar Updated   
BITTREX:NEOUSD   None
Chart Patterns neousd ETHUSD BTCUSD
6
0
chartpattern neousd ethusd btcusd
Neo has had many 70%+ depreciation's in its history before making new highs. I am a major buyer at $50
Comment:
Almost at the 75% depreciation mark. I am currently seeing bearish price action (again) on the intraday timeframe across all crypto. If the 66 level is broken on NEO, the 40 region is next.

snapshot
Trade active:
Major rebound off the 49 level which fits exactly with the 75% depreciation zone. I don't know where the bottom is, but I have to listen to my data. Long from $52
Comment:
added at 58 and 60. One of my biggest positions now. Extremely undervalued against other large caps on a historical basis (1 year)
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