Systematic79

Systematic79 Updated 

It has been a while since I have posted! I was having a quick look at NEO, and see that it is approaching a support level. Neo has not been at this point since the 18th of Dec 2017, price has not been here for a long time. Neo hasn't performed well this year so far. If NEO breaks this level of support we could see up to a 44% drop to the next level of support of...

Systematic79 Updated 

It was nice seeing NEO break through a long term downtrend and even go on a 5day run, however that has come to end. Two days ago a retracement began and we are currently sitting on 50% fibonacci retracement. It may find support here at 50% or contiune somewhere between 61.8% or the drawn in red support at 0.00538755 (A potential 3.2% loss if you enter now) If we...

Systematic79

It has been intresting watching this all unfold, since my first post! I am the first to admit I was having my doubts but when you get a good nudge from the BTC machine, it amplifies what is seen on the chart. Last update Neo was fast approaching the end of my triangle @ 0.0048174 - I felt it was a risky trade unless you had a tight stoploss. A trade that was...

Systematic79

Neo is fast approaching that short term down trend and the blue resistance/support line that was drawn in. It can either choose to follow that downtrend or make a small breakout through it and maybe retest the upper resistance (red line) for a possible 12% gain but more likely a 3 - 7% retracment at newly formed resistance in the last week. A possible fall...

Systematic79

Since my last update, NEO is now 9.88% down and heading towards that blue support line at 0.00478908 btc being 11.24% down from last support. If it breaks that blue support then the next support under that is at 0.00454638 btc a further 5.2% down. If you are looking to buy in, it is best to wait to see what happens at these levels of support. The airdrop...

Systematic79 Updated 

The one thing I love about NEO, is that it tends to respect, TA. Its a great project with all its benefits, gas and upcoming airdrops - one this week! (Name Service - airdrop - snapshot June 27) Price has not been this low since Jan 5th 2018! It's had a strong downtrend since the start of May. Broke through a support level on the 10th of June and has now been...