theponzimaster

NEO - two potential paths to victory

Long
theponzimaster Updated   
BINANCE:NEOBTC   NEO / Bitcoin
I have a lot of love for NEO from the 2017 era and with NEO 3 coming in 2021, very bullish on this project.

Managed to pump even at a time that older projects were suffering, embraced DeFi and now exploring other areas including file storage.

Fundamentals are good and the project still has a lot of goodwill from the famous epic pump during the first rebrand.

So I think this one will soar when we finally get a legacy alts season. I think these are the 2 likely levels where we see a springboard up to these resistances.

I'll keep monitoring the chart and expect one of these paths to bear fruit.
Comment:
Yikes. This happened much quicker than expected with a capitulation candle.

With Bitcoin strength we're potentially going to see alts dumping hard across the board here. I'll be interested to see if it can hold this support or if we break lower.

Bullish on NEO for Q1 2021 so will be looking to scale in once we see a bottom or some kind of sideways movement at a key support level.
Comment:
Horrible - BTC continues to wreak havoc on alts.

Will be looking to buy the bottom when it comes
Comment:
Sad

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