NEO looks to have finally retraced. The bottom has been holding strong for a bit even with bitcoins fall. Its in that sweet spot of .618 to 78 Fib for the best risk/reward. The MACD has crossed to become bullish. The daily stoch is at the bottom as well. Red Pulse ICO is available Oct 8th which requires NEO to purchase. With all these positives signs I think this is a great buy.
Note
Neo is looking really good. Red pulse is still a week away. I think NEO will be pushing above that cloud. MACD is very bullish. I think the STOCH will stay up there
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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.