Let's look at some indicators:
1/ Bullish divergence is formed on 3-Days timeframe.
2/ Wave C potentially is going to be completed at (0.00143 btc - 0.0015 btc) (equal the length of Wave A).
3/ Volume starts increasing.
4/ a minor support at 0.00143 level.
I'm almost certain that a bounce is going to happen, I will look for accumulating at around 0.0014 - ...
You can see the Chart of NEOBTC on 1 Day Timeframe .
NEOBTC Bears Head Or Shoulders Pattern Down Target Complete
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Currently NEO has little or not support at all, if Bitcoin BTC drops a lot, it might cause NEO to fall to the previous high before last year bull run, or 0.00075 btc area.
One thing that can save NEO, is if BITCOIN breaks out of the current falling wedge is forming.
I think in general all crypto will take several months of correction and slow grow. We need more ...
The condition of this coin is good
At the bottom of the price and somehow it's time to buy
But there are two negative things
Bitcoin conditions are not good
In the event of a rise in price, the coin would not be profitable in the short term
The decision is with you, but be careful if you buy this coin
But remember that nothing in this world is 100% ...
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 monthly chart of neobtc looks pretty Risky.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 80% additional downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a bounce of 30%. With a tight ...
The monthly chart of neobtc looks pretty dangerous, if you're bullish on the NEO project.
Risk averse traders better stay out of NEO at the moment. If you look at weekly/daily levels, you'll see NEO is hanging on the cliff of at least 90% more downwards movements.
However, risk-loving traders might see this as an opportunity. A recovery of NEO might lead to a ...
HODL AND GET REKTED CRYPTO CLOWNS
FAKE TA CRYPTO GURUS STOP USING THOSE INDICATORS THE BIG BOYS GAVE U TO HELP TAKE EVERYONES MONEY
THE RSI IS OVERSOLD HA HA HA
THE SUPPORT AND TRENDLINE WILL HOLD HA HA HA
THE MOVING AVERAGE DEATH CROSS HA HA HA