NEO looks like a very attractive Buy in a mid-term horizon.
* NEO is the 18th largest digital asset with the current market value of 766 million and an average daily trading of $440 million.
* NEO spiked at almost $13. 40 on 28/10 and then noticeably retreated to as low as $10 level.
* After that, the coin has been fluctuating inside the range of $10.2 - $11.7 - over the last couple of weeks.
* The Bears keep pushing the price down, but it seems to have found the Support at 200 around $10.80, on H1 time-frame.
* On a Daily TF we can try to construct Trend-based that gives us the projection of the next important upside target of $16.70.
* Additionally, the price of NEO is backed by 21 Daily from below. Hence, a $10 level looks sufficiently covered.
Active trade signal
Buy @ $10 - $11.
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