Neo is looking oversold on both BTC and USD pairings. I expect a bounce back to $124 levels in the short term. If we can hold that support level, NEO is still bullish in my opinion.
$115 - $118 is a perfect entry.
Exit at $124 or hold for confirmation.
$115 - $118 is a perfect entry.
Exit at $124 or hold for confirmation.
Comment:
Bounced back as expected
Comment:
Target hit and as expected a strong pullback. Need $120 support to hold, before assessing next move. I went long at $118 and sold at $123. Still holding a very large long position on NEO. Its one my biggest bags. Finding it very easy to trade at the moment.