China market makers and syndicates are very well known for their scheme and operations.
I am not surprised that these whales have their intentions well solidified and they are just waiting for the good enough catalyst for their massive operations.
Rule 1: Fundamental doesn't matter (in the sense that it doesn't matter if Neo will never beat Ethereum in adoption, they have strong backings and that is what matters)
Rule 2: Whales are very greedy and wants to maximize their profit.
Rule 3: China is full of whales and syndicates and they are very elaborate in their operations, for proofs, Malaysian stocks market are mostly operated by Chinese and you can study Malaysians stock market penny stocks pump and dump history.
Rule 4: In order to maximize profit, whales and smart money must inflict the most pain to the retail users. Having a shill youtuber rage quit crypto just few days before Bitcoin spike was a prime example of how whales manipulate and play with people psychology. Anyways, good riddance of that guy. 2017 was a lucky year for everyone, 2018 and 2019 was a testing year.
How far can Neo goes? I don't know, I don't have the secrets. However, my algorithm can "smell" something is cooking here.
Is this the best risk reward trade? Maybe. If it can do 10-20x, then, even a small risk taken can still result in massive profits.
Can Neo break All time high? Depends on the overall market.
Market is very dynamics and so one strategy needs to adapt and follow the market. There is never a trade that works.
Whales can simply drop a coin 90% in order to tell people that they means serious business. Looks at all those chinese coins in Huobi.
Dropping 90% deosn't mean it is dead, it just means that Whales want to accumulate more and they can only do that by lowering the price enough that retails will simply sell and rage quit.
This game is not for the fainted hearts. And that's why most traders will lose money. Because they stick to their old school traditional technical analysis thinking that they can beat the whales and smart money by doing that.
If you can't play this game, go find high paying jobs, this game is not for everyone.
I don't have time to respond to anyone or anybody either. This account remain a troll account.
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