Hey everyone, just a quick update on NEO from my last video linked below.. Right now I'm overall waiting on NEO to give me some additional indication of where she wants to do. From the larger time frame perspectives NEO seems to be overall up trending (long timeframe MAs, price action is above) but as I move down into lower charts i get the feeling some...
NEO is still holding for me. Waiting to see some upside breakout. Day - NEO is currently testing prior all time hight at .0139... We'll be waiting to see a close above that level to indicate return to ALH and new targets.
NEO spiked all the ay to .0117.. last night only to return today back to a prior ALT time high from 2017 at .0140 region. Overall NEO looks to recover from yesterday's down turn. Will be watching the 4hr to see we get close above and confirmation of move to the upside.
NEO is back to a 618 retrace on 4hr. In a holding pattern to see if we go up or down. Waiting on the 4hr candles to give us confirmation of direction.