nqtien310

Looking for Neo bottom? I think not yet

BITTREX:NEOUSD   NEO / U.S. Dollar
Let me put this simple, there's no long-term bullish sign whatsoever. There might be a bounce but I'm almost certain that Neo will find another lower low which is very likely is the 4.5$ - 5$. Let look at some indicators.

1/ Volume doesn't kick in yet.
2/ Weekly RSI still have some more space to go.
3/ Still not hit any strong & solid support.

Is 4.5$ - 5$ is the absolute bottom for Neo, I can't guarantee, but if you're looking for a good short & mid-term trade with very low risk & high profit, this is definitely one of it.

How to play:

Layer your buys at 4.5$ - 5$.
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