Neo has reached it's lowest level (1.618 Fib vl) which means the last wave (C) of elliott waves has ended causing ending the bearish market of Neo
Moreover, price has break the down trend and closed above it, which gives the opportunity for Neo to move up and starting a new bearish market.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.