As the broader crypto market unravels, NEO is holding up relatively well. It is bouncing off the .382 vs BOTH ETH and USD.
It is a decent buy at this time.
HOWEVER...
IF NEO/ETH CLOSES above the red line on a DAILY chart, it will be Fixin' ta Bust and therefore you should buy some at the market.
IF NEO/ETH CLOSES above the red line on a WEEKLY chart, it will very likely have already started to bust and you should buy more at the market.
It is a decent buy at this time.
HOWEVER...
IF NEO/ETH CLOSES above the red line on a DAILY chart, it will be Fixin' ta Bust and therefore you should buy some at the market.
IF NEO/ETH CLOSES above the red line on a WEEKLY chart, it will very likely have already started to bust and you should buy more at the market.