* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases.
We had predicted a fall to $63 in our last analysis and that what happened. NEO bounced back from this level yesterday. Now NEO will likely find some minor resistance from $75 level, but the most important one is $84 level, it's 23.6 percent Fibonacci retracements level of the recent fall from $152 to $63.
Conversely, $63 level should hold any new fall, however, if it's broken NEO may go to $50 level.
Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.