Hello everyone,
Hope everyone OK !
Some analysis on the Chinese $ETH , $NEO is becoming more communicative on their new DeFi projects with NEO3.
Some a technical point of view, there is a really good signal at the moment wiht this set up : Price above Cloud , Tenkan & Kijun following the new trend & finally the Laggin Span pumping out of the cloud on the Daily.
3D...
Neo has made a remarkable turn and many attribute this to the Chinese governments public stance on blockchain technology.
So it seems many of the local blockchain projects got pumped, including VET, ONT, etc
If you look at the NEO daily chart, we can see its completed the MACRO Ascending pattern (ABCDE), with the bottom found at the 0.886 Fib level...
![NEOBTC: [$NEO] Don't sleep on the chinese $ETH](https://s3.tradingview.com/v/V0PD0KT5_mid.png "[$NEO] Don't sleep on the chinese $ETH")
