NEOUSD seems to be on a strong uptrend looking at the 6HR chart
First target (T1) is .618 fib level
Second target (T2) is at the .5 fib level
Third target (T3-Longterm) at the 1:1 fib extension
Also worth noting, the BTCUSD correction has not affected ALTcoins that much past couple days. IMO this is a great sign of bullishness.
FYI: I don't hold any NEO - not a fan of the project, but still riding this wave regardless
First target (T1) is .618 fib level
Second target (T2) is at the .5 fib level
Third target (T3-Longterm) at the 1:1 fib extension
Also worth noting, the BTCUSD correction has not affected ALTcoins that much past couple days. IMO this is a great sign of bullishness.
FYI: I don't hold any NEO - not a fan of the project, but still riding this wave regardless
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All the indicators pointed towards an uptrend (in my opinion), however, I think the bears took charge using this news twitter.com/ercwl as catalyst.
I'm going to keep an eye on NEO, but for now, I closed my position - I'm expecting it could break $100 unless some pro-NEO news comes out.
I'm going to keep an eye on NEO, but for now, I closed my position - I'm expecting it could break $100 unless some pro-NEO news comes out.
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Also, this thread on Reddit kind of shows why there is some negative views on NEO - www.reddit.com/r/NEO...ontracts_for_a_real/