Short
NEO. Change of recommendation to "Sell"
Since our previous review, NEO has risen to $ 170, showing the resumption of a growing trend.
However, then, obeying the general trend of the cryptocurrency market, began to fall, and quite rapidly.
The crossing moving averages are now confidently indicating sale.
We change the recommendation on NEO to "Sell"
It's better to do so not near the support level at $ 100, but on a rebound to $ 120- $ 130
In case of a breakdown of the support level at $ 100, the next strong level is only at $ 40
However, then, obeying the general trend of the cryptocurrency market, began to fall, and quite rapidly.
The crossing moving averages are now confidently indicating sale.
We change the recommendation on NEO to "Sell"
It's better to do so not near the support level at $ 100, but on a rebound to $ 120- $ 130
In case of a breakdown of the support level at $ 100, the next strong level is only at $ 40
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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.
Related publications
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.